All posts tagged: panama papera

The Secret World of Tax Havens: In Pictures

How can it be that Starbucks paid no taxes between 2009 and 2012, and only changed its tune (slightly) following a customer boycott? Or that in 2014 Amazon paid less than one per cent tax on UK sales of more than £5bn, or Facebook just over £4000 on its UK operations in the same year – little more than the income tax paid by a British employee on the average £26,500 salary? And can it be that they have done so entirely legally? These are the questions Gabriele Galimberti and Paolo Woods sought to answer in their project The Heavens: Annual Report, a series that attempts to put a face to the tax havens used by multinational corporations, among others. “It was 2012, I was living in Haiti and Gabriele had just received his tax bill,” Woods says, speaking from his studio in Florence. “Gabriele had had quite a good year and he realised that he was paying more than 50 percent of what he had earned to the Italian state. And so we were …


BJP Staff