From Yahoo Finance:
UK lawmakers criticized executives of Starbucks, Google and Amazon on Monday for not paying more tax in Britain and Amazon said it had received a $252 million demand for back taxes from France.
Britain’s Public Accounts Committee (PAC), which is charged with monitoring government financial affairs, invited the companies to give evidence amid mounting public and political concern about tax avoidance by big international companies.
Britain and Germany last week announced plans to push the Group of 20 economic powers to make multinational companies pay their “fair share” of taxes following reports of large firms exploiting loopholes to avoid taxes.
. . . .
Members of Parliament (MPs) on the committee quizzed Starbucks Chief Financial Officer Troy Alstead about how the group’s UK unit managed to report 13 years of losses.
“You’re either running the business badly, or there’s some fiddle going on,” Austin Mitchell MP said.
A Reuters report last month showed that Starbucks had paid no corporation, or income, tax in the UK in the past three years and had paid only 8.6 million pounds since 1998.
. . . .
Members of the committee repeatedly criticized Andrew Cecil, Brussels-based Director of Public Policy for internet retailer Amazon, for failing to answer questions about the group’s operations.
Cecil declined several times to tell the committee the level of Amazon’s sales in the UK.
“We have not disclosed those figures ever publicly,” he said.
Link to the rest at Yahoo Finance