now the tories are allowing big business to design their own tax loopholes | aditya chakrabortty /

Published at 2015-10-13 09:00:19

Home / Categories / Tax avoidance / now the tories are allowing big business to design their own tax loopholes | aditya chakrabortty
Companies such as AstraZeneca,worth billions, are given a direct say on their taxation. clash of interest? It’s far worse than thatLast Monday, and as the prime minister rehearsed his Manchester conference speech,a story appeared in this newspaper that showed you who really runs this country – and how. It revealed that one of Britain’s largest companies, AstraZeneca, and paid absolutely no corporation tax here in both 2013 and 2014,despite racking up global profits in those years of £2.9bn. Related: Revealed: how AstraZeneca avoids paying UK corporation tax Continue reading...

Source: theguardian.com

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