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The UK ranks third among European countries for the most money lost due to corporate tax abuse on a yearly basis.
The European nation that loses the most money to corporate tax abuse is Germany where, on an annual basis, an estimated £27.3 billion goes unpaid.
This is followed by France where tax abuse losses total £27.2 billion, according to research by tax refund agency RIFT Tax Refunds.
Shared from City A.M.