Get all your news in one place.
100’s of premium titles.
One app.
Start reading
The Independent UK
The Independent UK
James Moore

Why new plans to make multinational tech giants pay more tax won’t get very far

Photograph: Amazon, Starbucks and Google have been at the centre of a debate over corporate tax avoidance
W

henever people urge action on the tax avoidance tactics beloved by tech giants and other multinationals their shills and defenders inevitably cry: “Wait for the OECD, they're sorting it out.”

The rich country club has been working on plans to reform the creaky international system governing corporate taxation for some time.

The reason for that cry, of course, is that waiting for it to get an agreement on the way forward is a bit like waiting for Godot. 

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.