Shein UK accused of moving ‘vast bulk of income’ to Singapore to cut British tax | Shein
Shein’s UK subsidiary has been accused of transferring a significant portion of its income to its Singapore-based parent company in order to reduce its tax liabilities in the UK. The fashion retailer generated £2 billion in sales last year, yet paid only £9.6 million in corporation tax, which corresponds to 25% of the £38.2 million […]
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