Starbucks, Amazon and Google to face UK lawmakers over tax

[pipewrench]

"The Public Accounts Committee (PAC), which is charged with monitoring government financial affairs, has invited the companies to give evidence amid mounting public and political concern about tax avoidance by big international companies.

"It is hard for the ordinary person to believe it's fair," said Margaret Hodge, a member of parliament for the opposition Labour party and chairman of PAC.

"It makes people incredibly angry in the current fiscal climate," she added, in reference to the austerity measures which large budget deficits have forced on the UK, and other countries."


"Britain and Germany last week announced plans to push the Group of 20 economic powers to make multinational companies pay their "fair share" of taxes following reports of large firms exploiting loopholes to avoid taxes."


http://www.reuters.com/article/2012/11/12/us-britain-tax-idUSBRE8AB0B520121112#post

The world is slowly waking up...
Will it roll over and go back to sleep or finally open its eyes and realize the apartment has been trashed.

[Brighton Left]

1. It's the governments fault

Companies can not be expected to pay any more than the minimum amount mandated by law, if we make them loopholes they will use them. If the government wants to end this they don't need to question the companies ethics but change the law. An article about this will be posted soon on Brighton Left.com the UK liberal blog [link:http://brightonleft.org.uk/|