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Top five tech companies in the UK avoided an estimated £1.3bn in tax in 2018 – new analysis

Top five tech companies in the UK avoided an estimated £1.3bn in tax in 2018 – new analysis

by George Turner | Feb 10, 2020

The top five tech companies operating in the UK managed to generate profits estimated at £8.1bn from UK customers in 2018, a new analysis by TaxWatch shows. However, due to these companies implementing complex financial structures to take these profits offshore, these...
French tax authority’s Apple bill shows up weakness of HMRC

French tax authority’s Apple bill shows up weakness of HMRC

by George Turner | Feb 16, 2019

Reports from France tell us that the French tax authorities have reached a settlement with Apple after an investigation into Apple’s tax payments in the country going back 10 years. Although the accounts of Apple’s French subsidiaries have not yet been published, the...
How much profit are Google, Apple, Facebook, Cisco and Microsoft making in the UK?

How much profit are Google, Apple, Facebook, Cisco and Microsoft making in the UK?

by George Turner | Nov 6, 2018

How should profit be distributed within the modern multinational corporation? That is the key question at the heart of the debate on international tax avoidance, and one touched on by Taxwatch’s first report. The aspiration of the OECD reforms to the international...
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