Firms accused over tax avoidance

AOL Money Staff

Johnny Green/PA Wire/Press Association Images

Starbucks, Google and Amazon have been accused of "immorally" minimising their UK tax bills in a damning report by a spending watchdog.

The Public Accounts Committee (PAC) criticised the companies for the "unconvincing and, in some cases, evasive" evidence they gave on why their corporation tax payments are so low.