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General

Big five tech firms avoid UK tax of over GBP 1 billion in 2018 - study

Monday 10 February 2020 | 12:00 CET | News
The top five technology companies operating in the UK - Google, Cisco, Facebook, Microsoft and Apple - paid a combined total of GBP 237 million in taxes in 2018, an effective tax rate of only 2.9 percent on combined profits of GBP 8.1 billion from UK customers, according to new research from TaxWatch.

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Categories: General
Companies: Apple / Cisco / Facebook / Google / Microsoft
Countries: United Kingdom
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