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Cameron in tax loophole pledge

DAVID Cameron has promised to ensure that foreign companies found to be legally avoiding paying corporation tax in Britain have to pay their fair share.

The Prime Minister told a business audience in Lancashire that the likes of Amazon, Starbucks and Google, which avoided paying corporation tax, lacked "moral scruples".

Last month the House of Commons Public Accounts Committee issued a report accusing Starbucks, Amazon and Google of "immorally minimising their tax obligations" in the UK by funnelling earnings offshore.

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