Printer-friendly versionSend by emailPDF version

Tax authorities in five African countries are to investigate giant brewer SAB Miller following an ActionAid report which found that the multinational avoided millions of pounds of taxes in Africa every year. The African Tax Administration Forum will coordinate the groundbreaking investigation of the company's transfer pricing strategies in South Africa, Ghana, Zambia, Tanzania and Mauritius. Martin Hearson, one of the report's authors, said: 'This unprecedented initiative marks a new era in which rampant tax avoidance by multinationals in developing countries will come under much closer scrutiny, both from tax authorities and from campaigners. Tax avoidance by multinationals costs billions in lost revenues, which could transform healthcare and education services for millions of people.'