On June 18, the last day of meetings wrapped up at the G8 summit in Northern Ireland. With representatives from around the world getting together to discuss highly important global issues, it was not always easy to find common ground. However, representatives from the coutries present were able to stand together behind one issue: taking a strong stance against international tax evasion.
The seething rhetoric about those who fail to pay their fair share came in the wake of revelations that several major players in the American tech industry, including Apple, Amazon and Google, have engineered complicated frameworks to shift revenues away from the U.S. and the U.K. and into countries with lower corporate tax rates, even without conducting much more than token business in the low-tax nations.
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