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HMRC

HMRC collects over £70m in extra tax from profit-diverting firms

Pinsent Masons said this has become a major area of focus for HMRC due to the sheer scale of the tax potentially lost

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HMRC has collected over £70m in extra tax in the past year from multinational businesses who voluntarily admitted diverting profits overseas, according to law firm Pinsent Masons

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