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Shame! ActionAid exposes tax dodging by brewing giant SABMiller

Dienstag 30. November 2010 von htm

Giant multinational brewer SABMiller – the company that owns Grolsch, Peroni, Miller and Castle – is avoiding an estimated £20m of taxes in Africa and India every year, enough money to educate a quarter-of-a-million African children, according to a new report released today by the international anti-poverty agency ActionAid. The report, ‘Calling Time: Why SABMiller should stop dodging taxes in Africa’ reveals for the first time how the company, the world’s second biggest brewer, uses a complex system of  tax havens to siphon profits out of subsidiaries in developing countries, depriving those governments of significant amounts of tax. Martin Hearson, a tax specialist at ActionAid and the co-author of the report, said: “SABMiller conducts its tax affairs behind a veil of secrecy. The company and its subsidiaries siphon money away from African countries and into tax havens in Europe, where the tax rates are far lower. SABMiller is playing the system to avoid paying its fair share of tax in developing countries.” (Source: Tages-Anzeiger, 30.11.10) actionaid.org Comment: They take it from the poorest. May be that is also our development aid we send to Africa. It comes back to Europe (Netherlands and Switzerland) as their profit. And it is legal!

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Dieser Beitrag wurde erstellt am Dienstag 30. November 2010 um 16:57 und abgelegt unter Alcohol industry, Alcohol taxes, Allgemein, Development, Global, Publications, Research. Kommentare zu diesen Eintrag im RSS 2.0 Feed. Die Kommentare sind derzeit geschlossen, aber sie können einen Trackback auf Ihrer Seite einrichten.

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