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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

REVEALED: Study microsoft avoids paying tax in many countries | Rare Historical Photos

FILE PHOTO: The Microsoft sign is shown on top of the Microsoft Theatre in Los Angeles, California, US October 19, 2018. REUTERS/Mike Blake/File Photo

Tech giant Microsoft has avoided billions in taxes in Britain, Australia and New Zealand, all countries where it has lucrative public sector contracts, because of its complex corporate structure, a study published Thursday claimed.

The company, which insists it respects local laws and regulations everywhere it operates, was starving the public purse of much-needed revenue while receiving taxpayer cash, the Center for Corporate Tax Accountability and Research (Cictar) said.

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