Tax justice
Peter Ullathorne writes about Britain Yearly Meeting investments
In the Salter Lecture, which Richard Murphy gave at Yearly Meeting Gathering in Bath, we heard about some of the many ways in which companies achieved low rates of tax, dodging paying taxes in some countries, and the enormous scale of the funds involved. Such devices as routing income through Ireland or Luxemburg and other ‘tax havens’, rather than accounting for it in the country of origin, can enable corporations to make a much lower tax contribution overall and particularly in the country of origin.
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