Barclays Makes Billions But Pays Tiny Tax Bill
February 19, 2011
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2:27Now PlayingBarclays Makes Billions But Pays Tiny Tax Bill
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as posted by the channelBarclays has revealed it paid only 1% tax on its profits in 2009. The bank paid just £113m in corporation tax from the £11.6bn of profit it made in the same year.
The banking group has been accused of "tax avoidance on a grand scale" as Tadhg Enright reports.
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