A Shoppers Guide to

Tax Dodgers in Truro

Boots

Tax Dodger

Please note: we do not question the integrity and valued customer service of local people,
including business franchisees. It is the corporations they work for that we target.

Billions in profit but little

tax paid. 40% income
from NHS, a tax funded
public service. Owner
lives in tax free Monaco.

More details
overleaf
And online
http://mytruro.net/map/

Co-op Funerals
Awarded Fair Tax Mark

Lush

NEXT has been hit with

Awarded the Fair

Tax Mark.

court ruling on tax

avoidance 22.4 million

Subway
parent company in
Curacao, a tax haven

EE has never paid

Burger King

Vodafone

$117 million tax

avoidance in 2015

Billions in profit but

not a penny in tax (see
online map)

corporation tax, despite

generating 19bn in
revenues since 2012

Caffe Nero
Sales of 1.2 billion since
2008 but no corporate tax
paid.

Starbucks
Millions of Euros expected
in fines following EU ruling
on unlawful tax structure.

Barclays Bank

HSBC

ASK Italian

tax avoidance division

generated revenue of
more than a 1bn a year
between 2007 and 2010

assisted clients
including criminals in
tax avoidance (see
online map for more)

avoided as much as
77m in UK
corporation tax. (see
online map for more)

Co-op Foods
Awarded Fair
Tax Mark

Subway

Tesco widespread use of tax havens. In

parent company
in Curacao, a tax
haven

2015 awarded worst ranking by Ethical

Consumer for likely use of tax avoidance
strategies (see online map for more)

#MyTruro

Every penny you spend is a vote for the

kind of society you want to live in

#MyTruro

Spend it on businesses that pay no taxes and you are voting

for inequality, poverty wages and a future without the NHS.
The NHS along with our education system, transport infrastructure, police and the rule of
law, are tax funded public services. Public goods are the vital infrastructure on which we all
depend including businesses. By allowing multinationals to free-ride on the public goods
paid for by others, they take what is not theirs. It promotes the big at the expense of the
small, increases inequality and undermines our democracy
Total tax avoidance is estimated to be at least 19.1bn for 2013/14- the amount pencilled in for cuts to our
schools, hospitals and other services over the next four years. But this is dwarfed by tax evasion estimated
at 73.4bn in 2011/12 rising to 82.1bn in 2013/14 in the UK (compare this to benefit fraud which costs
1.2billion). For all sources to figures quoted here see http://mytruro.net/shoppers-guide/

Tax dodgers shift the tax burden on to households & small businesses
Since the crisis, tax rises have fallen on households through increased VAT, NIC and council tax, while wages
have frozen (still 6% below pre-crisis levels) boardroom pay soars and services are cut. The 4% rise in Council
tax across Cornwall for 2016 - double that of last year - is a case in point. Yet public anger is likely to be
directed at Cornwall Council and welfare scroungers rather than central government whose austerity
agenda is to cut public services, local government funding and privatise wherever possible in the name of so
called balancing the books.
Tax avoidance is increasing and multinationals also use tax as a weapon to outcompete smaller locally based
businesses. It has absolutely nothing to do with genuine business productivity or true innovation.

Wealth is distributed upwards:

For more details on each of these businesses

http://mytruro.net/

Taxdodging is all about wealth extraction, not wealth creation. Here in the UK, the combined wealth of the
richest 1,000 people is 519 billion (up from 450 billion in 2013). Thats over 4 times the size of the annual
NHS budget (127 billion), 12 times the size of the education bill (42 billion), and 9 times the size of the
welfare bill (58 billion). We might well ask which of these figures cant we afford? (PS. the answer is the first
one)

If you care about the community you live in

Please buy from businesses awarded the Fair Tax Mark wherever
possibile. See http://www.fairtaxmark.net/ for more information
Local businesses keep money and jobs in the local community. A
stronger local economy is also a low carbon economy because it
reduces transport CO2 emissions that contribute to climate change.

Sign our Petition asking Cornwall Council to include questions on

tax probity when outsourcing services to private companies.
http://mytruro.net/petition/

Have your say and see

what others are saying
using #MyTruro

#MyTruro

#MyTruro