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Five US Tech Giants Could Be Paying A Billion In UK Tax

Researchers at Tax Watch claim if the tech giants -- including Apple, Facebook, Google, Microsoft and Cisco -- paid their full tax liability in the UK, rather than legally accounting for profit in lower tax jurisdictions, their joint bill would easily exceed a billion pounds per year, based on their combined profits of GBP8bn in 2018. They currently pay around a quarter of that amount The Telegraph reports.

Read the whole story at The Telegraph »

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