Corporate Tax Avoidance and Reputational Risk

Three senior corporate executives were grilled by a Parliamentary Select Committee over the controversial use of transfer pricing as a way of legally avoiding corporation tax on profits made in the UK. Starbucks, Google and Amazon all have an incredibly strong UK presence in their respective markets but all are under fire for using legal, but undesirable methods to minimise tax payments in this country. US coffee giant Starbucks reportedly paid just £8.6m in corporation tax in the UK over 14 years, they are masters at using complex corporate tax codes to lower their tax liability.

How strong is the reputational risk at stake here? As a consumer, I use all three of these businesses most days and I could be persuaded to change my habits albeit reluctantly. Surely there is a case for a strong government response to identify and close legal tax loopholes that allow this to happen? Corporate tax avoidance is an issue that will not go away.



Join the tutor2u community

With a tutor2u account you can access extra features to support your teaching & learning.

Subscribe to the daily digest

Curate your own content

Track your training schedule

Manage your resource library

Receive job alerts

Join the community

Already joined? Sign in now ›

More From the Digital Store

A comprehensive series of topic-by-topic study notes to support students on Section 2 (Macroeconomics) of the IB Diploma in Economics. It covers both the SL and HL content of the IB...

£40.00 (+VAT)

IB Economics Section 2 (Macroeconomics) Course Companion

A comprehensive series of topic-by-topic study notes to support students on Section 1 (Microeconomics) of the IB Diploma in Economics. It covers both the SL and HL content of the IB...

£40.00 (+VAT)

IB Economics Section 1 (Microeconomics) Course Companion

Get your copy of the superb series teaching & learning resources (print and digital) provided to delegates on the recent tutor2u Teaching Labour Market Economics at A Level course.

£75.00 (+VAT)

Teaching Labour Market Economics at A Level - Course Resource Pack

Recruitment

Advertise your vacancies with tutor2u

Much cheaper & more effective than TES or the Guardian. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences.

Find our more ›

Advertise your teaching jobs with tutor2u