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Page last updated at 10:01 GMT, Wednesday, 5 December 2012

Multinationals 'going round law' on tax

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Tax avoidance could be costing the UK Treasury many billions of pounds, according to some estimates possibly up to £100bn a year.

Household names such as Starbucks, Amazon and Google have been paying very little or no corporation tax here despite apparent huge earnings.

Andrew Hosken examines how it is that much of that revenue can end up in tax havens and asks who helps these companies arrange their tax affairs.


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