The UK arms industry has generated hundreds of millions of dollars in profits from its dealings with Saudi Arabia during the conflict in Yemen, but the UK government has received just $40m of corporation tax, a new report says. The report, released by children’s charity War Child, claims that corporations, including BAE systems and Raytheon,
UK Weapons Peddlers Pay ‘Pitiful’ Tax On Vast Saudi Arms Sale Profits
A new report says arms firms, including BAE Systems, made more than $775bn in first two years of Yemen war but paid just $40m in tax.