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US giant firms and Europe’s new response to tax fraud

Just over 5 years ago citizen activism against corporate tax evasion/ avoidance began when mainly women in a group called UK Uncut began occupying the high profile London retail stores of the Arcadia group such as Topshop, BHS, Burton, Miss Selfridge and Dorothy Perkins, controlled by Sir Philip Green, one of Britain’s richest men, who had given a £1.2bn tax-free dividend to his wife — a resident of Monaco. Last week, Rupert Murdoch, another billionaire, said strong new laws were required to prevent small local businesses from being ruined by global tech companies paying “token” taxes.