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FEB 09, 2013 - The Guardian

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British sugar giant caught in global tax scandal

Associated British Foods accused of Zambia tax avoidance after sending massive profits abroadOne of Britain's biggest multinationals, whose brands include Silver Spoon sugar, Twinings Tea and Kingsmill bread, is avoiding paying millions of pounds of tax in an African state blighted by malnutrition, a year-long investigation revealed on Sunday.The Zambian sugar-producing subsidiary of Associated British Foods, a FTSE100 company, contributed virtually no corporation tax to the state's exchequer between 2007 and 2012, and none at all for two of those years.The firm, Zambia Sugar, has recently ... Read More

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