9°c A few clouds
19°c Sunny
The Canadian Press - ONLINE EDITION
UK's Cameron says tax avoidance on agenda at G-8, warns companies must pay their 'fiair share'
British Prime Minister, David Cameron, gestures as he speaks to the assembly of the 43rd Annual Meeting of the World Economic Forum, WEF, in Davos, Switzerland, Thursday, Jan. 24, 2013. (AP Photo/Michel Euler)
LONDON - U.K. Prime Minister David Cameron says he will use his country's year-long presidency of the G-8 to target tax-dodging tactics by businesses.
Public anger has been mounting in Britain after lawmakers accused major multinational companies including Starbucks, Google and Amazon of "immorally" avoiding paying tax.
Companies operating in Europe can base themselves in any of the 27 European Union nations, allowing them to take advantage of a particular country's low tax rates.
Cameron said Thursday that "when some cowboys play the system, all businesses suffer." He told an audience at the World Economic Forum in Davos, Switzerland that "business must pay their fair share."
He didn't name any companies but said it was time for businesses to "wake up and smell the coffee" about their tax practices.
Fact Check
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
More FP News Top Story
- Back to Top
- Return to FP News Top Story
More FP News Top Story
(1 of 43 articles for this week)
Duffy expense controversy sent back to closed-door Senate committee
05/21/2013 10:02 PM 0
Poll
Most Popular FP News Top Story
- In unusual pattern, Oklahoma tornado tracked path of 1999 monster twister with record winds
- Pakistani model's tattooed nude photo in Indian magazine causes uproar
- Dates set for recreational food fishery in Newfoundland and Labrador
- Unidentified victims of Bangladesh collapse buried as more graves are readied; toll now 420
- A closer look at the 3 new game consoles from Microsoft, Nintendo and Sony
- Van Gogh museum unconvinced by new theory painter didn't commit suicide but was shot by 2 boys
- Israeli archaeologists discover ancient clay seal in Jerusalem, suggest link to Temple ritual
- Police: Boston Marathon bomb suspect fired shots from boat, hospitalized in serious condition
- Troubles linked to Bieber's European tour grow as Swedish police find drugs, stun gun on bus
- Canadian troops formally hand over Kandahar battlefield to U.S. forces
- Unidentified victims of Bangladesh collapse buried as more graves are readied; toll now 420
- Dates set for recreational food fishery in Newfoundland and Labrador
- Pakistani model's tattooed nude photo in Indian magazine causes uproar
- In unusual pattern, Oklahoma tornado tracked path of 1999 monster twister with record winds
- Police: Boston Marathon bomb suspect fired shots from boat, hospitalized in serious condition
- Car bomb at French Embassy in Libyan capital wounds 3 in latest sign of deepening lawlessness
- Israeli archaeologists discover ancient clay seal in Jerusalem, suggest link to Temple ritual
- Pressure grows to improve human rights for transgender people in Newfoundland
- Nigeria, beset by violence from Islamic extremists, sets up committee on offering amnesty deal
- First lady: Jobs program has led to training or hiring of 290,000 veterans, military spouses
- ESPN says it regrets that reporter described gay NBA player Collins as a sinner
- Pakistani model's tattooed nude photo in Indian magazine causes uproar
- Unidentified victims of Bangladesh collapse buried as more graves are readied; toll now 420
- Census 2011 makes history: population in the West surpasses that in the East
- As Boston mourns, suspected brothers' radicalism comes into focus
- Dates set for recreational food fishery in Newfoundland and Labrador
- Car bomb at French Embassy in Libyan capital wounds 3 in latest sign of deepening lawlessness
- Israeli archaeologists discover ancient clay seal in Jerusalem, suggest link to Temple ritual
- Still no winner for $50 million Lotto Max jackpot, but Manitoba has a $1 million winner
- Elections Canada wants greater punishment powers in wake of robocalls debacle
Ads by Google
You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.
Have Your Say
New to commenting? Check out our Frequently Asked Questions.
The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.