Article 59H82 Big tech accused of avoiding $2.8bn in tax to poorest countries

Big tech accused of avoiding $2.8bn in tax to poorest countries

by
Rupert Neate
from on (#59H82)

Reform of international corporate taxation could transform health and education, says report

Big US technology companies are exploiting loopholes in global tax rules to avoid paying as much as $2.8bn (2.1bn) tax a year in developing countries, according to research by the anti-poverty charity ActionAid International.

Facebook, Google and Microsoft have been accused of failing to pay a fair amount of taxes in poor countries where governments are struggling to provide even basic healthcare or education to their citizens.

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