Cameron takes on tax avoiders in Davos keynote speech

From Global development | The Guardian Thu Jan 24 2013, 11:33:28

Prime minister strongly attacks companies that avoid paying their fair share of tax as he lays out a trade-focused agenda for the G8 summit in June

David Cameron on Thursday said trade, tax and transparency would be the three themes of Britain's presidency of the G8 this year.

Speaking at the World Economic Forum in Davos, the prime minister strongly attacked companies that avoid paying their fair share of tax and which indulge in corrupt business practices in poor countries.

Cameron said aggressive tax avoidance meant fewer resources for public services and delivered a sideswipe at the coffee giant Starbucks, which has been under attack since revealing it pays little corporation tax in the UK.

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