UK to close loopholes with 'Google tax' initiative

The British Chancellor is set to close a number of loopholes used by Google, Amazon and other multinationals who have headquarters in Ireland.

UK to close loopholes with 'Google tax' initiative
Sun, 08 Mar, 2015 - 12:13

The British Chancellor is set to close a number of loopholes used by Google, Amazon and other multinationals who have headquarters in Ireland.

The Sunday Times reports that George Osborne will flesh out his plans to prevent big companies dodging the taxman by routing profits generated in Britain offshore.

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