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CICTAR: UK Care Homes Shift Profits Offshore According to Report

CICTAR: UK Care Homes Shift Profits Offshore According to Report LONDON, Feb. 23, 2021- Darkness at Sunrise: UK Care Homes Shifting Profits Offshore? - by the Centre for International Corporate Tax Accountability & Research (CICTAR) and Public Services International (PSI) reveals that UK care homes shift profits offshore while charging thousands of residents £200 in daily fees. Ownership through tax havens enables the more than 60 care homes to report losses in the UK while foreign investors...
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