Devon has to find £560 million if it wants to avoid savage cuts to its NHS.
Owl has found the money! Now all it has to do is find a way of getting it back from the BRITISH Virgin Islands (note: does that mean they belong to Branson!) to Devon!
“Toys R Us was last night accused of funnelling £584million into an offshore tax haven as it teetered on the brink of collapse – putting 3,200 jobs at risk.
The ailing retailer, which could go into administration today, has been criticised for the write-off of a mystery £584.5million loan to a company in the British Virgin Islands, a territory commonly used by firms for tax avoidance purposes.
Tax experts have called for an investigation into the accounts, accusing Toys R Us of secrecy and tax dodging. …”