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She added that Treasury ministers should also examine whether there is a loophole being exploited by the British company.
Using documents published under the Freedom of Information Act, the investigation, jointly conducted with Corporate Watch, found that not one of the 44 submissions to HMRC by financial bodies supported the loophole being closed.
Some ministers and many MPs do understand what is at stake, and appreciate the real sense of injustice felt by many of the strikers, and would like to block off the loophole being exploited by some of the more notorious construction and engineering companies.
The loophole being exploited is the ability to send premiums collected from customers to a corporate parent in Bermuda and treat the transfer as a business expense, even though money is simply being shifted from one part of the company to another.
So there might be a new loophole being created here.
Gearbox said it had prepared a fix that closed the loophole being exploited but it would take time for this to be fed out to consoles.
Similar(54)
The loophole was subsequently closed.
That accounting loophole was closed.
Finally, a loophole is discovered.
This tax loophole is also intellectually vacuous.
The loophole was supposed to be temporary.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com