The Truth About Tax

May 14, 2012 on BBC One at 8:30 PM

Summary

Aggressive tax avoidance was branded 'morally repugnant' by the chancellor in the last budget. But what does he mean? Panorama investigates how some of the UK's most famous companies are using a tax haven at the heart of Europe to save millions in ta... (more)x. Armed with a cache of secret documents, the programme reveals how global names have received big tax breaks on billion-pound transactions in the tiny country of Luxembourg. They say legal tax efficiency is good news for shareholders. In these austere times, Darragh MacIntyre asks: is big business paying its fair share?

Previous episode

Madeleine: The Last Hope?
Season 2012 Episode 17

Apr 25, 2012

Next episode

Old, Drunk and Disorderly?
Season 2012 Episode 31

Sep 10, 2011