Microsoft avoids paying £159 million UK tax every year

Microsoft avoids paying £159 million UK tax every year
microsoft tax copy

Microsoft has been added to the list of companies operating within the UK that has used a legal loophole to avoid paying corporation tax. According to reports Microsoft avoids paying £159 million worth of tax every year, and is thought to have paid none on £1.7 billion of online sales in the UK.

I wonder how many more companies will be revealed to be doing this? Seems to be a common practice. Read the article on Neowin.