by George Turner | Feb 10, 2020
The top five tech companies operating in the UK managed to generate profits estimated at £8.1bn from UK customers in 2018, a new analysis by TaxWatch shows. However, due to these companies implementing complex financial structures to take these profits offshore, these...
by George Turner | Feb 3, 2020
Netflix’s latest earnings report, published on 21 January, showed that 2019 was another bumper year for the company. Revenue in the 4th quarter was up 31% on the previous year, with the company clocking up $20bn in revenues worldwide over the course of the year....
by George Turner | Jan 28, 2020
The Sunday Times published their second annual tax list over the weekend. The list, which uses publicly available data to showcase the “individuals and families who contribute most to the public purse” is pitched as a celebration of the contribution that the wealthy...
by George Turner | Jan 14, 2020
Online video streaming company Netflix streamed up to $430m of profit from their international operations into tax havens in 2018. “No Tax and Chill”, an analysis of the company’s accounts in the US, the Netherlands and UK shows the company is the latest in a...
by George Turner | Nov 21, 2019
Facebook say that their low profits in the UK are down to the workings of the international tax system which require them to pay their taxes in their home country. But an analysis of Facebook’s accounts demonstrates that doesn’t appear to be happening,...