MPs condemn ‘sticking plaster’ response to corporate tax avoidance

Posted on

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.””

Guardian story here

 

Advertisements

2 thoughts on “MPs condemn ‘sticking plaster’ response to corporate tax avoidance

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s