The Guardian

Netherlands and UK are biggest channels for corporate tax avoidance

The two countries are conduits for 37% of money heading to tax havens, most of which have strong links to Britain
Every year multinationals avoid paying £38bn-£158bn in taxes in the EU alone, using havens such as the Cayman Islands. Photograph: Alamy

Almost 40% of corporate investments channelled away from authorities and into tax havens travel through the UK or the Netherlands, according to a study of the ownership structures of 98m firms.

The two EU states are way ahead of the rest of the world in

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