Exclusive: Foreign banks in Britain pay fraction of tax rate

LONDON (Reuters) - Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6 percent on the billions of dollars of profits they made in the country last year, a Reuters analysis of regulatory filings shows.

from Reuters: Top News http://uk.reuters.com/article/uk-britain-banks-taxation-exclusive-idUKKBN1452MO?feedType=RSS&feedName=topNews