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The post you are reporting:
Barry
it's something like:
Vodafone reported to have been 'let off' paying about £6 billion last year.
News Corp pay about 6% corporation tax when it should be about 30% -
and they are not alone:
US parent company Google Inc's results show that revenues from the UK have soared to £6.35 billion over six years - proof of its extraordinary success. Yet its official British subsidiary, Google UK Limited, has declared to Companies House that its total revenues have been just £526 million, chiefly to cover salary and office costs.
The result is that despite the fact that everyone knows Google is highly profitable, Google UK Limited has run at a loss and paid only £8.2 million in corporation tax.
Whatever the total is, across the board, this would have a significant impact were the Treasury to receive it. It could fund care homes, schools, hospitals............
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