The UK has been described as "the world's greatest enabler" of corporate tax avoidance.
A study published by the Tax Justice Network showed that British territories and dependencies are four of the 10 countries that have done the most to "proliferate corporate tax avoidance".
At the top of the list was the British Virgin Islands, followed by Bermuda and the Cayman Islands - all British overseas territories.
They were followed by the Netherlands, Switzerland and Luxembourg.
At number seven was the British dependency of Jersey, followed by Singapore, the Bahamas (a British Commonwealth territory) and Hong Kong.
Tax evasion is illegal but companies can reduce their bills by moving profits through countries or territories with lower taxes, including those with close legal ties to Britain, for example.
The lowest available corporate tax rates in the 10 countries averages 0.54%.
Courtesy of news.sky.com