Source: theguardian online Thursday 4 August 2016
“An unprecedented international effort to stop some of the world’s largest multinational corporations – including Google, Amazon and Starbucks – avoid tax has offered only a “sticking plaster” solution that will not hold, according to a report published by a cross-party parliamentary group.
The report describes the UK as having been a “difficult friend” to efforts to reform global taxation.
Margaret Hodge, who chairs the all-party group, said: “The government has been facing both ways. While publicly proclaiming their determination to tackle global tax avoidance, they have been encouraging these practices by changes they have made to the UK tax system and by refusing privately to agree to some key OECD proposals.””