On Saturday March 26th, 2011 approximately 400,000 people from all walks of life gathered in central London to protest major spending cuts by the governmnet aimed at the poor and working class. The protest was initiated by a group called UKuncut whose platform revolves around some major corporations and wealthy individuals using offshore tax havens to avoid paying billions in taxes while the governmnet is cuting spending on education, daycare and many other programs that benefit the working class.
One of the main culprits is Vodafone who has dodged and delayed on over 6 billion British pounds of taxes and has just recently reached a settlement to pay almost nothing after entertaining the head of HM Revenue & Customs at their offices in Luxemburg for a week.
A group of MP's are now pushing for full invetigations by parliament of some of Britain's largest corporations including Barclays Bank, Vodafone and the retail giant Arcadia.
MPs to investigate corporate tax avoidance | Business | The Guardian
One of the main culprits is Vodafone who has dodged and delayed on over 6 billion British pounds of taxes and has just recently reached a settlement to pay almost nothing after entertaining the head of HM Revenue & Customs at their offices in Luxemburg for a week.
A group of MP's are now pushing for full invetigations by parliament of some of Britain's largest corporations including Barclays Bank, Vodafone and the retail giant Arcadia.
MPs to investigate corporate tax avoidance | Business | The Guardian