Cameron urges global action against tax avoidance

David Cameron will step up the campaign against tax evasion and “aggressive” tax avoidance as Apple joins multinational corporations in the spotlight.

A day after Ireland defended itself against claims that its corporate tax regime has helped Apple legitimately reduce its tax liability by billions, the Prime Minister is urging the rest of the EU to back global action against what he has described as “staggering” losses to national exchequers.