Dedicated to providing increased access to information from around the world with the expressed purpose of Freedom, Justice and Equality for all...
Monday, December 13, 2010
ARTICLE: ActionAid exposes tax dodging by UK brewing giant SABMiller, owners of Grolsch
The company and its subsidiaries siphon money away from African countries and into tax havens in Europe, where the tax rates are far lower. SABMiller is playing the system to avoid paying its fair share of tax in developing countries.” In Ghana, ActionAid found that SABMiller’s brewery has paid no corporation tax at all for the last two years. “The most shocking part of this story is not the huge amounts of tax avoided, but the fact that one woman selling beer outside SABMiller’s brewery in Ghana paid more income tax last year than the multi-million pound brewery,” continued Hearson.
Read more...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment