Giant multinational brewer SABMiller – the company that owns Grolsch, Peroni, Miller and Castle – is avoiding an estimated £20m of taxes in Africa and India every year, enough money to educate a quarter-of-a-million African children, according to a new report released today by the international anti-poverty agency ActionAid.
The report, ‘Calling Time: Why SABMiller should stop dodging taxes in Africa’ reveals for the first time how the company, the world’s second biggest brewer, uses a complex system of tax havens to siphon profits out of subsidiaries in developing countries, depriving those governments of significant amounts of tax.
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ActionAid exposes tax dodging by brewing giant SABMiller