European banks storing €20bn a year in tax havens – The Guardian

September 6, 2021
5:00 am

European banks storing €20bn a year in tax havens – The Guardian

Tax and spendingBarclays and HSBC among banks booking money equivalent to 14% of annual profits in offshore entities
Leading European banks are booking around 20bn (£17bn) a year equivalent to 14% of their total profits in tax havens, with Barclays, HSBC…

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Great Britain, The Guardian

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