Extra Tax Collection
HMRC has published statistics for 2013-14 which show that an extra £1.1bn of tax was collected from multinational corporations after HMRC successfully challenged transfer pricing practices.
Additionally HMRC has announced that it has collected just over £1bn from its anti-avoidance campaigns between 2007 and January 2015.
Looks like HMRC’s efforts are working.
Date: 9th April, 2015
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