David Cameron hints at move to claw back tax money from Starbucks, Apple, Google, Facebook and eBay
Cameron hinted at fresh moves to claw back extra taxes from major companies
such as Starbucks, Apple, Google, Facebook and eBay
which are alleged to have avoided £900m in payments to the Treasury.
Starbucks is reported to have paid just £8.6m in corporation tax on sales of more than £3bn in the 14 years of trading in Britain – and nothing in the last three years.
The Prime Minister told MPs that major international firms should be paying fair taxes on business in Britain. But he declined to condemn by name those companies facing tax-dodging allegations – unlike in June when he singled out the comedian Jimmy Carr for criticism.
Margaret Hodge, the chairman of the Commons public accounts committee, asked Mr Cameron: "Jimmy Carr avoided £3.3m of tax last year and the Prime Minister said that was morally wrong.
"Apple, Google, Facebook, eBay and Starbucks have between them avoided nearly £900m of tax. Will you now take this opportunity to condemn their behaviour as morally wrong?"
Mr Cameron replied: "I'm not happy with the current situation. I think [HM Revenue and Customs] needs to look at it very carefully. We do need to make sure we are encouraging these businesses to invest in our country as they are but they should be paying fair taxes as well."
- 1 What marriage would look like if we actually followed the Bible
- 3 The Chinese city where men have 'three girlfriends because there are so many women'
- 4 'Heartbreaking' Syria orphan photo wasn't taken in Syria and not of orphan
- 5 Orthorexia nervosa: How becoming obsessed with healthy eating can lead to malnutrition
Britain to take more refugees as Cameron bows to pressure after more than 250,000 back our campaign
Senior British politicians tell David Cameron: When dead children are being washed up on beaches – it's time to act
Jeremy Corbyn calls Osama bin Laden's killing a 'tragedy' - but was it taken out of context?
If these extraordinarily powerful images of a dead Syrian child washed up on a beach don't change Europe's attitude to refugees, what will?
If you're not already angry about the refugee crisis, here's a history lesson to remind you why you really should be
Make your voice heard: Sign The Independent's petition to welcome refugees
£37040 - £43600 per annum: Recruitment Genius: The UK's export credit agency a...
£25000 - £27500 per annum: Recruitment Genius: This company provides a compreh...
£16800 - £19500 per annum: Recruitment Genius: Would you like to join an organ...
£25000 - £28000 per annum: Recruitment Genius: In the last five years this com...