Rolls-Royce, one of Britain's most famous companies, has been unveiled as the latest major firm to avoid paying corporation tax in the UK.
The jet engine builder's annual report revealed it did not pay the tax in 2012, putting it among a growing list of tax-avoiding firms including Starbucks, Amazon and Google.
Rolls-Royce, which employs about 1600 people in Scotland at plants in East Kilbride and Inchinnan, near Glasgow Airport, reported a record year for profits but paid nothing to the Treasury for the second year in a row and received £3 million in credit.
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