Global companies like Starbucks, Amazon and Google are facing a tax clampdown after an outcry from government and the public over how little U.K.tax they pay.
"Global companies with huge operations in the U.K.generating significant amounts of income are getting away with paying little or no corporation tax here. This is outrageous and an insult to British businesses and individuals who pay their fair share," Margaret Hodge MP, head of the influential committee of public accounts, said Monday.
The cross-party committee called for U.K. tax authorities to be more "aggressive and assertive" in getting tax revenues from multinationals and said: "Its response so far to these big businesses and their aggressive tax planning has lacked determination and looks way too lenient."