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UK PM urges global action on tax avoidance


The world’s most powerful leaders must mount a concerted effort to prevent multinational companies such as Starbucks and Amazon legally avoid large corporation tax bills, David Cameron will urge in his role as president of the G8.

The Prime Minister vowed to make “damn sure” that multinational firms paid their fair share of tax on their UK operations.

He is to use Britain’s presidency of the G8 group of the most industrialised nations, which began this week, to discuss ways of stopping global companies moving their money through different jurisdictions to minimise tax payments.

http://www.independent.co.uk/news/uk/politics/david-cameron-urges-global-action-on-tax-avoidance-by-starbucks-and-amazon-8439137.html

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