A parliamentary committee is to investigate the high-profile tax cases of Starbucks, Google and Amazon, with execs from the massive companies to face questions over their suspiciously low UK tax bills.
The Public Accounts Committee has asked bosses from several tech firms to attend a hearing into their tax affairs, which have hit headlines recently after dodgy deals to lower UK taxes involving past losses and overseas affiliates have been exposed.
Labour’s shadow culture minister Helen Goodman claims companies like Twitter and Facebook are placing an extra burden on police and social workers, who have to deal with cases of online grief, only to see the tech giants dodge their responsibility when it comes to paying their taxes that could/should fund our support workers. [Reuters]
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