30 Sep 2022 --- Heavyweight meat suppliers Anglo Beef Processors (ABP) – owned by Brazilian meat giant JBS – and Ireland’s Pilgrim’s Pride have come under heat as both companies battle allegations that they may have taken advantage of complex legal schemes to move money through countries with low corporation taxes. An investigation of Lighthouse Reports together with The Guardian found that ABP and Pilgrim’s allegedly reduced their tax bills by a system of loans that took advantage of different tax systems through the companies’ branches in the UK, Netherlands and Luxembourg.
