MEPs accuse US multinationals of diverting profits to low tax havens

Amazon, Facebook and Google in line of fire after committee backs proposals to force multinational corporations to pay tax where they make their sales

MEPs have launched a scathing attack on Facebook, Google and Amazon in the European parliament, accusing them of diverting profits worth billions of pounds to low tax havens.

Members of the special committee on tax rulings said they were concerned that major US businesses were paying virtually no tax in the EU countries where they operated, denying governments vital funds.