Tue 21 October 2008, The Scotsman

Island havens help firms in £8bn tax rip-off

By Gerri Peev
WHILE the government is busy borrowing record amounts so it can bail out banks, one in four of Britain's biggest businesses has sidestepped paying any tax. Of the 700 largest companies in the UK, 181 did not pay any tax last year – and that was before the near-collapse of the global economy squeezed profits.
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