Apple is the latest technology company accused of avoiding U.K. taxes, as the company is said to have paid £10 million in corporation tax last year on estimated sales of £6 billion.
When I visited my brother in London a few years back, I toted a suitcase packed with tennis balls. I paid New York City’s 8 ½ % sales tax to help my brother’s tennis-mad family avoid the UK’s 20% value-added … Continue reading ? The... Read Post
Google is under fire in the UK for its tax practices in the country, and a new key witness (who spoke to The Sunday Times) might put them in deeper hot water when he hands over a reported 100,000 emails and documents to the British ... Read Post
The Daily Mail is reporting that Apple only paid £10 million in UK corporation tax for the last fiscal year, even though the country earned £6 billion in the UK. The paper has also accused Amazon and Google of UK tax avoidance as we... Read Post