US tech firms make eleventh-hour attempt to halt tax avoidance reforms

Silicon Valley has launched a last-ditch attempt to derail plans devised by the G20 group of countries to close down international loopholes that are exploited by the likes of Google, Amazon and Apple to pay less tax in the UK and elsewhere.The Digital Economy Group, a lobbying group dominated by the leading US digital firms, has written to the OECD, the Paris-based thinktank tasked by G20 leaders with drawing up reforms, saying it is not true that communications advances have allowed multinational groups to game national tax systems.
http://www.theguardian.com/business/2014/jan/19/tech-firms-attempt-halt-tax-avoidance-reforms

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