New study deems Amazon worst for ‘aggressive’ tax avoidance
Transparency campaign Fair Tax Mark says big six tech firms have paid a fraction of tax rate for 10 years
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 also delaying the payment of taxes they do incur.