[Sheflug] Daily Mail Claims that - Microsoft avoids paying Â159M in corporation tax Every Year

[Richard Ibbotson <richard@xxxxxxxxxxxxxx>]

Hi

Tried to send this into Twitter.  The URL Was cut off.  Since it's 
that time of year again I thought I might as well put it here. Don't 
like to send M$ stuff to this list but thoughts of Scrooge and Marleys 
ghost come to mind....

I don't know if this is true but you would have thought that the Daily 
Mail will have checked their facts before circulating this.  A good 
read here.  Bit like a children's cartoon but never mind...

http://tinyurl.com/ccgtbnm

"  Microsoft pays no tax on Â1.7billion of online sales in the UK 
thanks to a legal loophole, it has been reported.  The technology 
monolith is funnelling cash generated by online sales of Windows 8 
software to Luxembourg to sidestep tax obligations, according to The 
Sunday Times.  If the allegations are true the company will join a 
growing number of foreign companies coming under scrutiny for avoiding 
UK tax, such as Amazon, Apple and Google. Earlier this week coffee 
chain Starbucks caved to public fury and announced it would pay Her 
Majestyâs Revenue and Customs to pay Â20million over the next two 
years. "

-- 
Richard
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