Since the turn of the year UK Prime Minister David Cameron has placed great emphasis on finding ways to deal with tax avoidance and offshore secrecy.
Leaders at the G8 have agreed new measures to address international money laundering and corporate tax evasion.
Whistleblowers have “undermined” Google’s defence of their tax arrangements, and HMRC should “fully investigate” the US technology giant, a committee of MPs has said.
Protesters took over Apple’s Regent Street store yesterday and played Irish folk music to protest the technology company’s tax avoidance schemes.
Progress are today launching a “Tax Avoidance Charter” ahead of the G8 meeting next month. They’ll be arguing that there’s no excuse for inaction on tax avoidance in the UK and that it is “simply unfair a group of global corporations and wealthy individuals are avoiding paying their fair share”.