General Article New study deems Amazon worst for ‘aggressive’ tax avoidance

Topic Selected: Business Book Volume: 381
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Transparency campaign Fair Tax Mark says big six tech firms have paid a fraction of tax rate for 10 years.

By Rupert Neate, Wealth correspondent

The big six US tech firms have been accused of “aggressively avoiding” $100bn (£75bn) of global tax over the past decade.

Amazon, Facebook, Google, Netflix, Apple and Microsoft have been named in a report by tax transparency campaign group Fair Tax Mark as avoiding tax by shifting revenue and profits through tax havens or low-tax countries, and for a...

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