Multinational corporations and the ultra-rich see paying tax as "increasingly voluntary", public accounts committee chair Margaret Hodge has warned.
The Labour politician launched a savage attack on David Camerons efforts to crack down on aggressive tax avoidance, saying there was a "growing gap between rhetoric and reality".
Speaking at a "Tax Justice" debate organised by various charities, Hodge said: "They [ministers] believe we should engage fully in the global race to the bottom... I now believe David Cameron doesn't mean what he says when he says multinational companies should 'wake up and smell the coffee'."
Read more...
