British lawmakers taking Starbucks to task for tax dodging

[The Patriot]

British lawmakers taking Starbucks to task for tax dodging

11-11-2012 07:08 PM

A Parliamentary committee will grill top executives from Amazon, Google and Starbucks on Monday about exactly how and why the companies have managed to pay appallingly low tax rates in the UK. The Public Accounts Committee in charge of the British government's financial affairs is particularly interested in Starbucks who paid no income tax and no corporate tax in the UK for the past three years. In fact, over the course of the 13 years that Starbucks has been slinging lattes on the British Isles, the company has paid just $13.74 million on $4.9 billion in revenue. That's just 2. ...




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