Partner Article

Keeping the reins on

Starbucks has succombed to the popular discontent and will modify its accounting practices, meaning it could end up paying Corporation Tax.

The Public Accounts Committee’s recent report on tax avoidance by multinational companies stated it was “difficult to believe” a company with 31% market share was not posting a profit.

As MPs brand the previous practices of companies like Starbucks as “immoral,” do you think it’s sustainable to lean on firms to make them behave ethically, or do we need something more concrete?

This was posted in Bdaily's Members' News section by Tom Keighley .