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  1. Business - Money - TAXATION

    The Week Explained: Tax Avoidance

    Posted Oct 29th 2012, 12:00am by Stephen Vines

    ... a coffee specialist) have discovered that there is also something dubious about Starbucks' tax arrangements. Starbucks is under fire in Britain for paying no corporate tax in the past three years despite sales of £1.2 billion (HK$15 billion). Starbucks says it paid no tax because it made no money. Yet it has consistently told shareholders its British operations are profitable. ...

    http://www.scmp.com/business/money/money-news/article/1070446/week-explained-tax-avoidance

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