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    courtesy of the guardian.


    A company which is one of the Conservative party's largest donors paid no corporation tax for three years and could be dissolved by Companies House for failing to file accounts.

    Lycamobile, an international firm that sells foreign mobile calls, gave the Tories £136,180 in the current quarter and £40,000 in the quarter before that, making the company the Tories' third biggest donor over this period.

    But the latest available figures show the company did not pay any tax between 2008 and 2010 despite generating a turnover of between £47m and £88m.

    This year's accounts are so late that last month Companies House announced they might "dissolve" the company, striking them off their register and forcing them to cease trading. At the end of March Lycamobile persuaded the regulator to suspend the moves.

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