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UK pharmacy chain accused of tax avoidance

Tax campaigners say British pharmacy brand, Boots, legally avoided paying almost $2bn in tax inside the UK.

Last Modified: 16 Oct 2013 05:51
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Tax campaigners say the purchase of British pharmacy brand, Boots, by Switzerland-based private investors was designed to leave the private equity buyers with a debt of almost $2bn in taxes. 

They said the amount of unpaid tax was worth the same as the salaries of 78 thousand nurses, while Britain's National Health Service is facing huge financial pressure.

Al Jazeera's Laurence Lee reports from London.

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Source:
Al Jazeera
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