Cable seeks tax avoidance crackdown

Press Association
Vince Cable
Vince Cable

The UK needs to "beef up" action against tax avoidance and subterfuge by big firms, Business Secretary Vince Cable said, accusing some of engaging in "systematic abuse".


He said he did not know whether coffee giant Starbucks was making a loss on its UK operation - the reason it gives for paying little or no corporation tax.
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