Parliament Grills US Execs Over Tax Avoidance

A committee of British Members of Parliament laid into executives from Amazon and Google on Monday during a hearing over creative tax accounting practices. The execs reportedly were accused of diverting hundreds of millions of dollars worth of UK profits to "secret tax havens" in an effort to avoid paying British taxes.

Source: http://ectnews.com.feedsportal.com/c/34520/f/632000/s/258b5ab6/l/0L0Stechnewsworld0N0Crsstory0C766120Bhtml/story01.htm

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