FOREIGN-OWNED COMPANIES RESPONSIBLE FOR THIRD OF SUSPECTED UNDERPAID UK TAX

On 8 February, an article from Out-Law reported that foreign-owned companies were responsible for 32% of all the tax suspected to be underpaid by large businesses in the UK as at 31 March, with £11.5 billion from a total of £35.8 billion suspected to be underpaid.

https://www.pinsentmasons.com/out-law/news/foreign-owned-companies-responsible-third-suspected-underpaid-uk-tax

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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