Microsoft Avoids Paying £100m A Year In UK Corporation Tax

[6Foot2]

Link 1: Microsoft avoids paying £100m a year in UK corporation tax | Business News | News | The Independent

 

Microsoft has reportedly avoided up to £100m a year in UK corporation tax by routing its sales through Ireland.

 

The corporation has sent more than £8bn of revenues from computers and software bought by British customers to Ireland since 2011, as part of a deal with HM Revenue & Customs (HMRC), the Sunday Times reports.

 

The arrangements, known as advance pricing agreements, agree on the allocation of profit between various countries...

 

Covering the same story the Daily Mail Online made a schoolboy grammatical error:

 

Link 2: Microsoft agrees secret deal with HMRC that 'allows the company to avoid £100m of UK tax' | Daily Mail Online