Top four tobacco firms use Irish arms in elaborate tax avoidance strategies

Probe carried out by University of Bath and Dutch investigative journalists casts light on how companies lessen their tax liabilities

Aaron Rogan

News Correspondent @aarrogan
1st November, 2020
Top four tobacco firms use Irish arms in elaborate tax avoidance strategies
While the report Big Tobacco, Big Avoidance found no illegal activity, it did raise moral issues, according to its authors

The world’s most profitable tobacco companies are using Irish subsidiaries as part of elaborate tax avoidance strategies, according to new research.

An investigation carried out at the University of Bath in conjunction with Investigative Desk, a Dutch journalism unit, identified how the big four tobacco companies – British American Tobacco (BAT), Imperial Brands (IB), Japan Tobacco International (JTI) and Philip Morris International (PMI) – shift profits around Europe to lower their tax liabilities.

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