Monday, December 10, 2012

UK Guardian: Starbucks, Google and Amazon in the press for paying no UK taxes

The press in the UK has seized the issue of the large corporation paying little or no taxes in the United Kingdom.

Here is a story about Members of Parliament requesting action on tax avoidance.  In the UK Guardian. According to the story Starbucks paid no UK taxes in the past three years and paid only 8.6 million pound in UK taxes on sales of 3.1 Billion.  A rate of 0.28% or about a quarter of 1%.

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