Major firms quizzed over tax
Starbucks, Google and Amazon are bring questioned by MPs on the Public Accounts Committee on the issue of tax avoidance. The multinational firms are accused of paying little or no tax on their UK earnings.
Starbucks, Google and Amazon are bring questioned by MPs on the Public Accounts Committee on the issue of tax avoidance. The multinational firms are accused of paying little or no tax on their UK earnings.
A senior MP has urged consumers to boycott Starbucks, Amazon and Google in protest at what she says is "immoral" avoidance of UK tax.
Margaret Hodge backed direct action to punish the well-known firms after they failed to convince a Commons spending watchdog that they were paying a "fair share".
"I think one should boycott these companies. I do actually think that is the right thing to do," she said after leading a fiery three-hour grilling of executives.
Big brands Amazon, Starbucks and Google were questioned by MPs today on their entirely legal tax avoidance methods.
MPs will today pour scorn at the UK tax affairs of the likes of Amazon and Starbucks, despite setting the rules within which they operate.