Explanations
Tax Avoidance and the Diverted Profits Tax
Jim Riley
25th May 2015
From April 2015 a new tax has been introduced to encourage multinationals like Google, Starbucks and Apple to pay more tax on their UK trading activities. Corporations who divert their profits away from the UK face being penalised under the new Diverted Profits Tax.
- Business
- Blog
- Explanations
- Corporate Social Responsibility (CSR)
- Business Ethics
- Multinationals (MNCs)
- Corporation tax
- Google (Alphabet)
Jim Riley
Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.
You might also like
Ansoff Matrix - Starbucks launches olive-oil infused coffees in Italy
23rd February 2023
CSR in Action | Planet Earth Becomes the Only Shareholder in Patagonia.
20th September 2022
Unilever will only deal with suppliers that pay the living wage by 2030
21st January 2021
Asda launches 'greener price' promise and sustainability store
20th October 2020
Is Airbnb growing a social conscience?
9th February 2020
Multinational Hotel Chains Take Action to Reduce Plastic Waste
30th August 2019