The issue focused on the management of taxes by some UK companies.


European regulators have opened investigations into several companies around the world after a decade-long investigation into non-payment of corporate income tax in Britain found companies of all sizes had been avoiding paying UK corporation tax in real time.


The investigations focused on multinational companies, including several companies in the US and China.


As a result of the investigations, companies are paying more and more tax on profits and using offshore tax havens.