by Alex Dunnagan | Jun 2, 2021
£45.4bn in revenues £9.6bn in profits £296m in tax paid £1.5bn in tax avoided Eight large tech companies in the UK made an estimated £9.6bn in profit from sales to UK customers in 2019, a new analysis by TaxWatch shows. But by moving money out of the UK, these...
by Alex Dunnagan | Jun 2, 2021
2nd June 2021 Introduction and Summary The UK market is an extremely important market for US based technology companies. These well known companies realise substantial sales in the UK and as such are some of the most significant economic operators in our country. For...
by George Turner | Apr 9, 2020
As governments around the world struggle to deal with the outbreak of Covid-19 our tech companies are keen to show that they are playing their part too. Over the last two weeks there have been a number of announcements from the world’s largest tech companies setting...
by George Turner | Apr 8, 2020
A new study has shown that large technology companies have historically paid more than four times in tax on their US profits than on profits made in the rest of the world. In our latest study, we looked at pre-tax profits reported by major multinational companies in...
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...