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We're the 100 per cent because we all pay tax
In this week's City AM column, Prof. Anthony J. Evans tackles the taxing subject of tax:
"In a recent report, Action Aid found that 98 per cent of FTSE 100 companies had subsidiaries that operated within a tax haven. There are problems with how they define tax havens, and Christie Malry's FCA blog has already taken them to task for this. They use a conventional definition from the US Congress's Government Accountability Office and then supplement it with a mixture of states and countries that they arbitrarily define as tax havens. Since this list includes parts of the US and EU it should be taken with a large pinch of salt..."
You can read the full article by picking up a copy of today's City AM, or by clicking here. You can also catch up on all of Anthony's articles by clicking here.
