‘Corporate tax avoidance’ tops UK public's list of concerns, with disquiet at record high. Mandate for Government action.

New research in PLOS Global Public Health reveals the impact of profit shifting from Nigeria on Nigerian human rights and European tax havens.

‘Corporate tax avoidance’ tops UK public's list of concerns, with disquiet at record high. Mandate for Government action.

In 2017, a little-known Irish subsidiary of The Coca-Cola Company reported an astonishing increase in its intangible assets. European Refreshments Unlimited Company (ERUC), based in Ireland, saw th…

Germany's statutory corporate tax is 29.8% — but DAX giants pay as low as 12.8%. €57 billion lost annually.

From colonial accounting tricks to modern tax havens, Nkrumah understood how capital escapes, and why political independence was never enough.

The article discusses Microsoft's strategy of shifting profits to low-tax jurisdictions like Ireland and Luxembourg to minimize its tax liability. Despite employing only 3% of its global workforce in Ireland, the company reported nearly 40% of its pretax income there. In contrast, higher-tax countries like Germany saw minimal returns, with Microsoft earning less than 0.5% of its global profits. The EU's mandatory country-by-country reporting requirement revealed these disparities, prompting scrutiny from the U.S. Internal Revenue Service, which is seeking $29 billion in back taxes. Microsoft disputes the IRS claims, arguing that tax contributions are just one measure of corporate responsibility. Comments section highlights broader issues of multinational tax avoidance, with critics accusing corporations of exploiting loopholes and lobbyists to shape favorable tax policies. The piece underscores the ongoing debate over fair taxation of global tech giants and their impact on public finances.