Controversies
Alliance Boots has been accused of locating its headquarters in Switzerland solely to reduce its tax liabilities in the United Kingdom. In January 2011 protests were held at a number of Boots stores, including its flagship London store, which was closed down by protestors. The protest group UK Uncut claimed that Alliance Boots' Switzerland headquarters consists only of a post office box and that its relocation has reduced its annual tax liability by £86 million. Alliance Boots said that its new headquarters will better reflect the international nature of its wider group.
Read more about this topic: Unichem