EU states want 'fair tax share' from big business | Bangkok Post: news

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EU states want 'fair tax share' from big business

The finance ministers of Britain, France and Germany on Saturday launched a new drive to force big business to pay its fair share of tax and halt the schemes of top firms to keep payments to a minimum.

Customers leave a branch of Starbucks in central London on February 1, 2013. The finance ministers of Britain, France and Germany have launched a new drive to force big business to pay its fair share of tax and halt the schemes of top firms to keep payments to a minimum.

Britain's George Osborne, France's Pierre Moscovici and Germany's Wolfgang Schaeuble said it was time for internationally-coordinated action to clamp down on the practice of shifting profits from the company's home country to pay less tax under another jurisdiction.

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