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News Link • Economy - International

UK Uncut Claims Victory as Starbucks Begins to Crack on Tax Avoidance

• Common Dreams
 As result of pressure from tax fairness campaigners who have gained the support of British lawmakers who have picked up the call that tax avoidance by some of the world's wealthiest companies is as much a moral issue as an economic one.
News was specifically charged around Starbucks on Monday, after the US-based coffee giant announced they would "review" their tax policies in the UK and potentially start paying taxes on their profit there. As the Metro newspaper reports, Starbucks has nearly 700 location in the UK, but has "paid no corporation tax in three years, despite annual takings of almost £400million."

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