PayPal Set For Government Universal Credit Contract?

PayPal, owned by low tax-payer eBay, could be the eighth and final firm in DWP's identity framework

November 19, 2012

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If PayPal does become part of the Universal Credit system, it might turn into a PR gaffe for the government. PayPal is owned by eBay, which paid just £1.2 million in tax on £789 million profits (0.15 percent) in 2010 it made in the UK, making it one of the top tech tax avoiders, along with Amazon and Google, which were publicly grilled by MPs last week over their use of (perfectly legal) means to reduce their tax bill.