17 tax	rate
     11 of	the
      9 tax	havens
      7 in	tax
      7 Hong	Kong
      7 by	the
      6 Virgin	Islands
      6 rate	of
      6 has	a
      6 effective	tax
      6 British	Virgin
      6 a	tax
      5 the	banks
      5 percentage	of
      5 banks	in
      4 the	percentage
      4 the	British
      4 profits	in
      4 profits	booked
      4 of	profits
      4 more	than
      4 minimum	tax
      4 in	the
      4 in	Hong
      4 global	minimum
      4 EU	Tax
      4 Cayman	Islands
      4 a	year
      3 year	in
      3 to	the
      3 total	profits
      3 to	a
      3 the	report
      3 the	profits
      3 the	lowest
      3 their	profits
      3 The	Guardian
      3 the	Cayman
      3 tax	rates
      3 Southampton	Bermuda
      3 Search	jobs
      3 rate	the
      3 rate	is
      3 Park	in
      3 Panama	the
      3 of	their
      3 of	15
      3 Islands	and
      3 in	Southampton
      3 in	Luxembourg
      3 Global	development
      3 European	banks
      3 Church	Bay
      3 booked	in
      3 Bay	Park
      3 a	zero
      3 and	the
      3 accounts	for
      3 14	of
      2 zero	tax
      2 zero	alongside
      2 would	have
      2 would	be
      2 World	Europe
      2 within	the
      2 with	an
      2 US	Americas
      2 to	low-tax
      2 to	14
      2 This	article
      2 the	world
      2 the	UK
      2 the	total
      2 the	study
      2 the	shifting
      2 the	purposes
      2 The	principality
      2 the	largest
      2 The	island
      2 The	EU
      2 the	EU
      2 the	case
      2 The	British
      2 the	biggest
      2 the	bank
      2 than	4
      2 tax	paid
      2 Tax	Observatory’s
      2 Tax	Observatory
      2 tax	avoidance
      2 Tax	and
      2 Sport	Culture
      2 spokesperson	for
      2 size	of
      2 shifting	of
      2 Sep	2021
      2 said	to
      2 said	the
      2 report	suggests
      2 rate	on
      2 Puzzles	app
      2 purposes	of
      2 profits	of
      2 principality	has
      2 Photograph	Cj
      2 Opinion	Sport
      2 on	their
      2 of	zero
      2 of	total
      2 of	staff
      2 of	HSBC
      2 of	13
      2 News	Opinion
      2 nation	has
      2 months	old
      2 Mon	6
      2 Middle	East
      2 Luxembourg	The
      2 Luxembourg	city
      2 low-tax	jurisdictions
      2 licensing	site
      2 Kong	with
      2 jobs	Holidays
      2 is	more
      2 Islands	Photograph
      2 Islands	has
      2 island	nation
      2 Intesa	Sanpaolo
      2 International	edition
      2 in	non-haven
      2 Inequality	Global
      2 HSBC	Barclays
      2 HSBC	and
      2 Holidays	Digital
      2 headquartered	in
      2 havens	by
      2 Guardian	Puzzles
      2 Guardian	content
      2 for	the
      2 Europe	US
      2 equivalent	to
      2 East	Africa
      2 Digital	Archive
      2 did	not
      2 Culture	Lifestyle
      2 content	licensing
      2 Cj	Gunther/EPA
      2 city	in
      2 case	of
      2 by	multinationals
      2 by	banks
      2 Bermuda	The
      2 Barclays	HSBC
      2 banks	studied
      2 Back	to
      2 Australia	Middle
      2 at	the
      2 at	a
      2 A	spokesperson
      2 Asia	Australia
      2 article	is
      2 Archive	Guardian
      2 app	Guardian
      2 and	spending
      2 and	profit
      2 and	NatWest
      2 Americas	Asia
      2 alongside	Panama
      2 Africa	Inequality
      2 a	21
      2 6	Sep
      2 4	months
      1 zero	rate
      1 YouTube	Instagram
      1 year	The
      1 years	despite
      1 years	by
      1 year	equivalent
      1 write	The
      1 write	the
      1 writers	Digital
      1 would	lead
      1 would	give
      1 world’s	100
      1 World	news
      1 world	HSBC
      1 world	have
      1 world	economies
      1 Work	for
      1 Women	Men
      1 with	us
      1 with	such
      1 with	Barclays
      1 with	a
      1 will	originate
      1 will	nevertheless
      1 while	India
      1 while	Bermuda
      1 which	would
      1 which	it
      1 which	for
      1 which	changed
      1 where	we
      1 where	multinationals
      1 were	proposed
      1 were	enforced
      1 We	find
      1 Weekly	Crosswords
      1 we	are
      1 was	used
      1 was	the
      1 was	counted
      1 view	Columnists
      1 videos	Letters
      1 Video	Podcasts
      1 varies	however
      1 VanSickle/AP	The
      1 US	sports
      1 us	Search
      1 us	Privacy
      1 US	president
      1 use	of
      1 used	to
      1 US	edition
      1 used	as
      1 us	Complaints
      1 up	to
      1 up	7.9
      1 up	4.3
      1 up	2.1
      1 up	19.4
      1 up	12.2
      1 up	1
      1 up	0.8
      1 up	0.7
      1 union	Tennis
      1 under	discussion
      1 Under	a
      1 UK	would
      1 UK	taxpayer
      1 UK	news
      1 UK	jobs
      1 UK	exchequer
      1 UK	edition
      1 Twitter	Newsletters
      1 Twitter	at
      1 TV	radio
      1 turnover	profits
      1 treaty	would
      1 Travel	Money
      1 to	top
      1 To	the
      1 total	number
      1 total	being
      1 to	secure
      1 to	route
      1 to	rescue
      1 top-up	levy
      1 to	publicly
      1 Topics	Tax
      1 topics	All
      1 to	pay
      1 top	2022
      1 to	navigation
      1 to	main
      1 to	limit
      1 to	Hong
      1 to	home
      1 to	have
      1 to	exclude
      1 to	ensure
      1 to	enjoy
      1 Todd	VanSickle/AP
      1 Today's	paper
      1 Today	email
      1 today	and
      1 to	cost
      1 to	artificially
      1 to	arise
      1 to	apply
      1 to	9bn
      1 to	6bn
      1 to	65,000
      1 to	58
      1 to	13bn
      1 ties	to
      1 though	the
      1 those	territories
      1 those	enjoying
      1 those	designed
      1 those	arguing
      1 this	period
      1 This	is
      1 this	content
      1 the	world’s
      1 The	use
      1 the	Tax
      1 the	size
      1 the	seven
      1 the	sample
      1 the	right
      1 The	research
      1 the	report’s
      1 The	report
      1 the	ratio
      1 The	proposed
      1 the	possible
      1 the	Paris-based
      1 The	organisation’s
      1 the	OECD
      1 The	Observer
      1 them	is
      1 The	mean
      1 the	list
      1 the	last
      1 the	jurisdictions
      1 their	total
      1 their	size
      1 their	activities
      1 the	highest
      1 the	Guardian
      1 the	group’s
      1 the	gains
      1 the	full
      1 the	French
      1 The	figures
      1 The	figure
      1 the	figure
      1 the	fifth-largest
      1 The	effective
      1 the	disappointment
      1 the	difference
      1 the	daily
      1 the	countries
      1 The	claims
      1 the	City
      1 the	change
      1 the	benefits
      1 The	behaviour
      1 The	bank’s
      1 the	authors
      1 the	36
      1 the	2008
      1 the	15
      1 that	with
      1 that	which
      1 that	most
      1 that	leading
      1 that	its
      1 that	Hong
      1 that	country-by-country
      1 that	country
      1 than	the
      1 than	90
      1 than	1.5tn
      1 than	15
      1 territories	the
      1 territories	as
      1 Terms	conditions
      1 Tennis	Cycling
      1 Tech	Business
      1 tax	will
      1 Tax	systems
      1 tax	system
      1 tax	revenues
      1 taxpayer	money
      1 taxpayer	and
      1 Tax	Justice
      1 taxing	the
      1 Tax	Havens
      1 Tax	havens
      1 tax	haven
      1 taxes	annually
      1 taxes	across
      1 tax	deficits
      1 Tax+avoidance%2CTax+havens%2CCorporate+governance%2CBusiness%2CPolitics	2CUK+news%2CWorld+news%2CEurope%2CHSBC%2CBarclays%2CBanking%2CRoyal+Ba
      1 Tax	avoidance
      1 Tax	abuse
      1 talks	organised
      1 systems	around
      1 system	and
      1 suggest	the
      1 suggests	the
      1 suggests	that
      1 suggests	HSBC
      1 such	a
      1 Subscribe	Search
      1 study	was
      1 study	Bahamas
      1 studied	varies
      1 studied	The
      1 strong	ties
      1 strikingly	lower
      1 strategy	a
      1 strategies	including
      1 storing	20bn
      1 Standard	Chartered
      1 Stage	Lifestyle
      1 staff	in
      1 staff	employed
      1 sports	Culture
      1 Sport	Football
      1 spokesperson	said
      1 spending	This
      1 spending	Tax
      1 Sociéte	Générale
      1 Skip	to
      1 size	the
      1 site	World
      1 site	The
      1 since	more
      1 Sign	up
      1 Sign	inSearch
      1 significant	proportion
      1 Siena	up
      1 ShowMoreShow	More
      1 shoppers	pass
      1 shifting	to
      1 shift	in
      1 sex	Health
      1 seven	years
      1 seven	largest
      1 seen	by
      1 SecureDrop	Work
      1 secure	agreement
      1 Search	UK
      1 Scotland	last
      1 Science	Global
      1 Santander	up
      1 Sanpaolo	up
      1 Sanpaolo	losses
      1 sample	of
      1 said	Given
      1 said	by
      1 s%2CNatWest+Group	Skip
      1 Rugby	union
      1 Royal	Bank
      1 route	investments
      1 right	to
      1 rights	reserved
      1 rich	individuals
      1 revenues	with
      1 revenues	According
      1 Reuse	this
      1 respond	to
      1 reserved	
      1 research	names
      1 research	group
      1 research	further
      1 rescue	ailing
      1 required	to
      1 request	for
      1 representing	more
      1 report	would
      1 report	The
      1 report	the
      1 reports	suggest
      1 report’s	authors
      1 reporting	introduced
      1 report	Have
      1 report	country-by-country
      1 report	claims
      1 Reflecting	their
      1 reduce	the
      1 recorded	IFRAME
      1 Recipes	Love
      1 recent	years
      1 ratio	between
      1 rate	within
      1 rate	were
      1 rate	Topics
      1 rate	The
      1 rates	reduce
      1 rates	according
      1 rates	13
      1 rate	Reflecting
      1 rate	Photograph
      1 rate	Parallel
      1 rate	and
      1 ranges	from
      1 radio	Art
      1 Rabobank	up
      1 Qatar	Of
      1 publicly	report
      1 proposed	treaty
      1 proposed	by
      1 proportion	of
      1 profits	while
      1 profits	to
      1 profits	recorded
      1 profits	One
      1 profits	into
      1 profit	shifting
      1 profits	continue
      1 profits	by
      1 profits	attract
      1 profits	and
      1 profit	posted
      1 profit	per
      1 Privacy	policy
      1 president	Joe
      1 practice	Eight
      1 posted	by
      1 posted	across
      1 possible	explanations
      1 policy	Terms
      1 policymakers	and
      1 policy	Cookie
      1 Podcasts	Pictures
      1 PocholoCalapre/Getty	Images/iStockphoto
      1 Pictures	Newsletters
      1 Photograph	Todd
      1 Photograph	PocholoCalapre/Getty
      1 Photograph	Budrul
      1 period	Monte
      1 per	employee
      1 p?c1=2&c2=6035250&cv=2.0&cj=1&cs_ucfr=0&comscorekw=Tax+and+spending%2C	Tax+avoidance%2CTax+havens%2CCorporate+governance%2CBusiness%2CPolitics
      1 pay	10bn
      1 pass	an
      1 Paschi	di
      1 particularly	low
      1 particularly	egregious
      1 part	due
      1 Paris-based	Organisation
      1 Paribas	and
      1 Parallel	measures
      1 paper	Inside
      1 Panama	and
      1 paid	today
      1 paid	taxes
      1 paid	on
      1 paid	and
      1 over	the
      1 overall	profits
      1 other	international
      1 or	its
      1 originate	from
      1 organised	by
      1 organisation’s	report
      1 Organisation	for
      1 or	follow
      1 opposed	to
      1 Opinion	videos
      1 Opinion	The
      1 operations	and
      1 operated	NatWest
      1 on	Twitter
      1 on	multinationals
      1 on	Mon
      1 only	4
      1 on	Europe’s
      1 One	of
      1 one	of
      1 on	all
      1 on	aggressive
      1 on	a
      1 old	European
      1 old	Barclays
      1 of	turnover
      1 Of	those
      1 often	used
      1 of	taxing
      1 of	tax
      1 of	Scotland
      1 of	policymakers
      1 of	operations
      1 of	nine
      1 of	NatWest
      1 of	multinationals
      1 of	Man
      1 of	London
      1 of	less
      1 of	its
      1 of	HSBC’s
      1 of	global
      1 offshore	entities
      1 official	effective
      1 of	European
      1 of	employees
      1 of	annual
      1 of	36
      1 of	11
      1 of	100
      1 OECD	The
      1 OECD	130
      1 Observer	Guardian
      1 Observatory’s	research
      1 Observatory’s	report
      1 Observatory	of
      1 Observatory	an
      1 Obituaries	Opinion
      1 number	of
      1 now	under
      1 not	respond
      1 not	employ
      1 not	changed
      1 Nordea	up
      1 non-haven	markets
      1 non-haven	countries
      1 nk+of+Scotland%2COECD%2CBNP+Paribas%2CSoci%C3%A9t%C3%A9+G%C3%A9n%C3%A9r	ale%2CStandard+Chartered%2CHong+Kong%2CFinancial+sector%2CEuropean+bank
      1 nine	of
      1 News	World
      1 news	UK
      1 news	Reuse
      1 newspaper	archive
      1 News	Media
      1 Newsletters	Today's
      1 Newsletters	Advertise
      1 news	Coronavirus
      1 new	report
      1 nevertheless	further
      1 Network	campaign
      1 navigation	Advertisement
      1 NatWest	which
      1 NatWest	Group
      1 NatWest	did
      1 NatWest	and
      1 nations	427bn
      1 names	17
      1 name	from
      1 must	be
      1 Music	TV
      1 multinationals	The
      1 multinationals	Tax
      1 multinationals	of
      1 multinationals	BNP
      1 multinationals	at
      1 multinationals	are
      1 multinationals	and
      1 most	tax
      1 More	News
      1 more	ambitious
      1 Monte	dei
      1 money	was
      1 Money	Make
      1 money	equivalent
      1 modified	on
      1 minimum	rate
      1 Men	Family
      1 Media	Limited
      1 measures	to
      1 mean	percentage
      1 mean	effective
      1 Mauritius	Panama
      1 markets	are
      1 many	activists
      1 Man	Jersey
      1 Malta	Mauritius
      1 Make	a
      1 main	contentSkip
      1 Macao	Malta
      1 Luxembourg	Macao
      1 Luxembourg	15
      1 lowest	tax
      1 lowest	mean
      1 lowest	current
      1 lower	than
      1 Lower	tax
      1 low	effective
      1 Love	sex
      1 lost	revenues
      1 losses	in
      1 London	and
      1 lobbying	by
      1 list	of
      1 LinkedIn	Twitter
      1 limit	the
      1 Limited	or
      1 likely	to
      1 Lifestyle	ShowMoreShow
      1 Lifestyle	IFRAME
      1 Lifestyle	Fashion
      1 levy	to
      1 Letters	Sport
      1 less	than
      1 Left	Tax
      1 left	behind
      1 lead	to
      1 Leading	European
      1 leading	countries
      1 last	year
      1 last	seven
      1 Last	modified
      1 last	July
      1 largest	world
      1 largest	companies
      1 largest	collectible
      1 largest	banks
      1 large	multinationals
      1 Kuwait	Luxembourg
      1 Kong	which
      1 Kong	where
      1 Kong	is
      1 Kong	Ireland
      1 Kong	15
      1 Justice	Network
      1 just	6
      1 jurisdictions	shoppers
      1 jurisdictions	in
      1 jurisdictions	by
      1 jurisdictions	A
      1 July	after
      1 Joe	Biden
      1 jobs	Sign
      1 jobs	Back
      1 Jersey	Kuwait
      1 its	profits
      1 its	overall
      1 its	name
      1 its	affiliated
      1 it	operated
      1 is	that
      1 is	seen
      1 is	said
      1 is	posted
      1 is	paid
      1 is	only
      1 is	often
      1 is	likely
      1 Isle	of
      1 Islands	have
      1 Islands	Guernsey
      1 Islands	Cayman
      1 is	high
      1 is	headquartered
      1 is	found
      1 is	despite
      1 is	characterised
      1 is	calculated
      1 is	about
      1 Ireland	Isle
      1 in	which
      1 investments	in
      1 investment	hub
      1 introduced	in
      1 into	tax
      1 in	them
      1 In	the
      1 in	that
      1 international	finance
      1 in	taxpayer
      1 Instagram	LinkedIn
      1 Inside	the
      1 inSearch	News
      1 in	recent
      1 in	practice
      1 in	part
      1 in	offshore
      1 in	lost
      1 initial	attempt
      1 in	havens
      1 in	Europe
      1 individuals	is
      1 India	accounts
      1 independent	research
      1 increasingly	left
      1 increased	the
      1 in	cracking
      1 In	contrast
      1 income	However
      1 including	those
      1 include	Barclays
      1 in	Asia
      1 in	additional
      1 in	2020
      1 in	2019
      1 in	2014
      1 Images/REX/Shutterstock	A
      1 Images/iStockphoto	To
      1 IFRAME	https://www.theguardian.com/email/form/footer/today-uk
      1 IFRAME	business-today
      1 if	any
      1 hub	to
      1 https://www.theguardian.com/email/form/footer/today-uk	Contact
      1 HSBC	up
      1 HSBC	The
      1 HSBC’s	strong
      1 HSBC’s	history
      1 HSBC	said
      1 HSBC	is
      1 HSBC	HSBC
      1 HSBC	employees
      1 HSBC	books
      1 HSBC	among
      1 HSBC	accounts
      1 however	The
      1 However	reports
      1 hopes	that
      1 home	Search
      1 Home	garden
      1 HK	branch
      1 history	size
      1 highlighted	the
      1 highest	effective
      1 higher	25
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      1 high	About
      1 Help	All
      1 Health	fitness
      1 headquartered	the
      1 have	to
      1 have	the
      1 havens	with
      1 havens	This
      1 havens	the
      1 havens	is
      1 havens	has
      1 havens	for
      1 Havens	Evidence
      1 havens	during
      1 havens	Corporate
      1 havens	as
      1 havens	are
      1 haven	As
      1 have	even
      1 Have	European
      1 have	driven
      1 have	collected
      1 have	circa
      1 have	been
      1 have	a
      1 has	not
      1 has	highlighted
      1 Gunther/EPA	Daniel
      1 Gunther/EPA	Church
      1 Guernsey	Gibraltar
      1 Guardian	Weekly
      1 Guardian	view
      1 Guardian	The
      1 Guardian	News
      1 Guardian	Business
      1 Guardian	Back
      1 Guardian	app
      1 group	to
      1 group’s	profits
      1 group	has
      1 Group	among
      1 governments	in
      1 governance	Europe
      1 Golf	US
      1 global	GDP
      1 Given	HSBC’s
      1 give	governments
      1 Gibraltar	Hong
      1 Générale	and
      1 GDP	backed
      1 garden	Women
      1 Games	Classical
      1 gains	to
      1 further	suggests
      1 further	fuel
      1 full	global
      1 fuel	those
      1 from	Royal
      1 from	Country
      1 from	China
      1 from	British
      1 from	an
      1 from	0
      1 French	multinationals
      1 found	in
      1 for	us
      1 for	HSBC
      1 for	Economic
      1 for	comment
      1 for	Barclays
      1 for	an
      1 for	19
      1 for	10
      1 Football	Tech
      1 Football	Cricket
      1 Food	Recipes
      1 follow	Guardian
      1 fitness	Home
      1 find	that
      1 financial	crisis
      1 finance	centres
      1 Film	Games
      1 figures	emerge
      1 figure	ranges
      1 figure	is
      1 fifth-largest	UK
      1 favourable	tax
      1 Fashion	Food
      1 Family	Travel
      1 Facebook	YouTube
      1 F1	Golf
      1 extra	940m
      1 explanations	is
      1 exclude	banks
      1 exchequer	would
      1 Evidence	from
      1 Even	though
      1 even	increased
      1 Europe’s	banks
      1 Europe	HSBC
      1 European	Banks
      1 Europe	after
      1 especially	from
      1 Environment	Science
      1 entities	Church
      1 ensure	the
      1 enjoying	the
      1 enjoy	a
      1 enforced	on
      1 employ	tax
      1 employees	within
      1 employees	The
      1 employees	but
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      1 employee	is
      1 employed	in
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      1 email	or
      1 Eight	banks
      1 egregious	since
      1 edition	US
      1 edition	UK
      1 edition	The
      1 edition	International
      1 edition	Australian
      1 economies	The
      1 Economic	Co-operation
      1 during	this
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      1 driven	the
      1 down	on
      1 divert	profits
      1 di	Siena
      1 discussion	at
      1 disappointment	of
      1 Digital	newspaper
      1 difference	between
      1 development	Tax
      1 Development	OECD
      1 development	News
      1 development	Football
      1 despite	the
      1 despite	hopes
      1 design	Film
      1 designed	to
      1 dei	Paschi
      1 deficits	the
      1 Data	Tax
      1 data	on
      1 Daniel	Boffey
      1 daily	Business
      1 Cycling	F1
      1 current	rate
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      1 crisis	After
      1 Cricket	Rugby
      1 cracking	down
      1 country	Under
      1 Country	Data
      1 country-by-country	reporting
      1 country-by-country	data
      1 Country	by
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      1 countries	must
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      1 cost	nations
      1 corrections	SecureDrop
      1 Corporate	governance
      1 Coronavirus	Climate
      1 Co-operation	and
      1 Cookie	policy
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      1 contrast	China
      1 continue	to
      1 content	World
      1 contentSkip	to
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      1 conducted	by
      1 conditions	Help
      1 Complaints	corrections
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      1 comment	The
      1 Columnists	Cartoons
      1 collectible	The
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      1 collected	an
      1 Climate	crisis
      1 Classical	Stage
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      1 Chukrut/SOPA	Images/REX/Shutterstock
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      1 China	the
      1 China	accounts
      1 Chartered	have
      1 characterised	by
      1 change	The
      1 changed	over
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      1 centres	The
      1 Cartoons	Opinion
      1 campaign	group
      1 calculated	as
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      1 by	rich
      1 by	many
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      1 by	HSBC
      1 by	Country
      1 by	Biden
      1 by	a
      1 but	the
      1 but	just
      1 business-today	Sign
      1 Business	Today
      1 Business	on
      1 Business	Obituaries
      1 BusinessDesk	In
      1 Budrul	Chukrut/SOPA
      1 BST	Leading
      1 BST	Last
      1 British	banks
      1 branch	of
      1 Books	Music
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      1 booking	money
      1 booking	around
      1 booked	by
      1 book	14
      1 Boffey	Mon
      1 BNP	Paribas
      1 biggest	beneficiary
      1 biggest	bank
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      1 Bermuda	Panama
      1 Bermuda	Church
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      1 Banks	Left
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      1 Banco	Santander
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      1 as	an
      1 as	a
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      1 an	HK
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      1 and	Standard
      1 and	Sociéte
      1 and	Rabobank
      1 and	Qatar
      1 and	paid
      1 and	other
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      1 and	Intesa
      1 and	HSBC
      1 and	have
      1 and	employees
      1 and	Development
      1 and	between
      1 and	avoidance
      1 and	are
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      1 and	5bn
      1 and	5
      1 and	1.47bn
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      1 almost	60
      1 All	writers
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      1 ale%2CStandard+Chartered%2CHong+Kong%2CFinancial+sector%2CEuropean+bank	s%2CNatWest+Group
      1 ailing	banks
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      1 After	talks
      1 after	lobbying
      1 after	an
      1 affiliated	companies
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      1 Advertise	with
      1 Advertisement	International
      1 additional	taxes
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      1 activists	the
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      1 About	238,000
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      1 a	15
      1 9bn	at
      1 940m	a
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      1 7.9	Barclays
      1 6	of
      1 6bn	to
      1 65,000	in
      1 60	of
      1 5	of
      1 5bn	at
      1 58	by
      1 4	Luxembourg
      1 4.3	Nordea
      1 427bn	a
      1 3bn	and
      1 36	big
      1 36	banks
      1 30,000	employees
      1 2CUK+news%2CWorld+news%2CEurope%2CHSBC%2CBarclays%2CBanking%2CRoyal+Ba	nk+of+Scotland%2COECD%2CBNP+Paribas%2CSoci%C3%A9t%C3%A9+G%C3%A9n%C3%A9r
      1 25	global
      1 238,000	profit
      1 21	tax
      1 21	rate
      1 2.1	BBVA
      1 20	but
      1 20bn	a
      1 20bn	17bn
      1 2022	Guardian
      1 2021	18.02
      1 2021	06.00
      1 2020	and
      1 2019	We
      1 2014	would
      1 2008	financial
      1 1	Banco
      1 19	of
      1 19.4	Intesa
      1 18.02	BST
      1 17	countries
      1 17bn	a
      1 15	while
      1 1.5tn	in
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      1 15	rate
      1 15	Photograph
      1 15	of
      1 15	Luxembourg
      1 15	last
      1 15	include
      1 1.47bn	in
      1 13	Photograph
      1 13	of
      1 13	HSBC
      1 13bn	in
      1 130	countries
      1 12.2	HSBC
      1 11	This
      1 10	of
      1 10bn	to
      1 100	largest
      1 100	companies
      1 0	in
      1 0.8	and
      1 0.7	In
      1 06.00	BST