This must be the worst article I have ever read on here.
Virtually all news outlets have been reporting on the 1 in 1000 prosecutions for the HSBC tax avoiders, aka 3600 - 2600 = 1000 and 1 prosecution out of those 1000 (this is the issue).
If foreign companies are locally based for selling and distribution but issue the actual invoice from a low tax country, how can that not be considered avoidance?
Amazon for example, paid a measly 0.1% tax on £4.6 billion sales in the UK, everything involved in those sales, website, storage, distribution etc is UK based bar the invoicing.
That is the complete opposite of your HMRC quote.
Biting the hand that feeds IT
