£622m sales a year but Kellogg’s pays next to no tax in Britain: Cereal giant warns shareholders could be hit if Government closes loopholes

‘Kellogg’s is the latest US owned multinational to be embroiled in the controversy over tax avoidance in Britain.

The cereal giant warned shareholders its profits could be hit by government moves to close tax loopholes.

Kellogg’s, which makes hundreds of millions of pounds each year from sales to British families, uses a complex web of companies to do business here.’

Read more: £622m sales a year but Kellogg's pays next to no tax in Britain: Cereal giant warns shareholders could be hit if Government closes loopholes