Thu, 06 Dec 2012
Commenting on the news that Starbucks has agreed to pay more corporation tax, Co-Chair of the Liberal Democrat Treasury Spokesperson, Stephen Williams said:
“I am glad that Starbucks has finally given in to public outrage and agreed to pay a fairer share tax in the UK. Other companies should follow suit. Over 12,000 people have joined my campaign for fairer taxes which called on a boycott until Starbucks took responsibility for its tax affairs.“I look forward to seeing the detail of the proposal but welcome this first step. Reports of £10m are better than the zero pounds they paid for the last three years, but let’s be clear – companies must pay their fair share of tax, not however much they feel like.“The Coalition Government is taking a tough approach, investing heavily in clamping down on tax avoidance. For every £1 we spend on tackling avoidance we will get £7 back.
“Our message is clear: everyone, no matter how wealthy the company or individual, must play by the rules and pay their fair share. Those who don’t will not get away with.”
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