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  • #1

    Five large banks 'paid no UK corporation tax' in 2014

    Five of the largest banks in the UK paid no corporation tax in 2014, despite making billions of pounds in profits, analysis by Reuters has shown.


    JP Morgan, Bank of America Merrill Lynch, Deutsche Bank, Nomura Holdings and Morgan Stanley paid no corporation tax at all, the news agency said.

    The banks offset past losses against their taxable income for 2013-14.


    More ---> http://www.bbc.co.uk/news/business-35166460
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    Tags: agency, america, banks, bbc, business, crooks, debtors, deutsche, fines, forced, holdings, income, jp morgan, losses, no corporation, paid, pay, profits, size, tax
  • #2
    Re: Five large banks 'paid no UK corporation tax' in 2014

    These past losses then brought by venture capitalists and rigorously enforced against debtors.

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    • #3
      Re: Five large banks 'paid no UK corporation tax' in 2014

      past losses ? Is that because they had £ms in fines to pay for being crooks ?

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