British press dominated by corporate tax avoidance
The headlines in today's British press are dominated by stories related to corporate tax avoidance. On the day that the parliamentary Public Accounts Committee issues its hard-hitting report on the "outrageous" culture of the corporate tax avoidance industry, and calls for Her Majesty's Revenue and Customs to sharpen its act on tackling this culture, newspapers on all sides of the political spectrum are united in condemning this long running scandal.
TJN can fairly claim to have been the early path breaker on this issue in the UK, helped by various political following winds (such as austerity and governments' quest for revenue) and by stalwart organisations such as UK Uncut and Occupy more recently, along with various other non-governmental organisations, and individuals and others.
Watch out in seven days time when we hit the headlines again with our proposals for how to overcome the horrible international problem of corporate tax avoidance.
Here is a selection of the today's headlines:
- Chancellor George Osborne will try to bring forward a £10billion clampdown on tax avoidance by multinationals and the rich
- The Commons Public Accounts Committee has accused HM Revenue and Customs of being 'way too lenient' on big companies
Talking tax over coffee: Starbucks announces payment U-turn ahead of damning report on avoidance
Despite the fact the companies are doing nothing illegal, critics claimed the move by Starbucks was a “blatant admission of guilt”
Read more here
People 'right to be angry' about tax avoidance by big foreign firms, says George Osborne
People are right to be angry about foreign multi-national companies not paying their fair share in tax, George Osborne has said. Read more here
Clampdown on tax dodge by multinationals
Read more here