Why We Should All Boycott Amazon & Google!!

Amazon and Google think that an effective tax rate of less than 0.1% in the UK is fine because they are complying with all the UK tax regulations. In fact, they are practising what is termed ‘aggressive tax planning’, which means that highly-paid accountants – the usual Big 4 suspects – create schemes that are within the tax laws. This may be legally acceptable, but it is morally wrong. Previously ( http://bit.ly/ZmAFOf ), I have questioned whether there is the political will to collect tax on loans deliberately taken out by companies to make the interest tax deductible. In the case of…