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More than £21bn a year: UK ranks third in Europe for most money lost due to unpaid corporate tax

The UK ranks third among European countries for the most money lost due to corporate tax abuse on a yearly basis. 

More than £21bn a year: UK ranks third in Europe for most money lost due to unpaid corporate tax
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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.

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