Google, Facebook, Apple, and Amazon use complex accounting methods to greatly reduce their tax bills, while greatly increasing spending on lobbying US and European governments.
Headlines ,such as this one from a Reuters story: “Google paid $55m in UK taxes on $5.5bn sales in 2012” anger many regular tax payers in the US, UK, France, and frankly, everywhere. These companies use legal loopholes and international transactions to weave a complex web of tax avoidance.
