Why combatting tax avoidance means curbing corporate power

Abstract

In this article, the author reflects on the impact of tax avoidance industry on economic globalisation. He mentions that intensification of economic globalisation, corporations have become adept at shifting profits and avoiding taxes through variety of accounting techniques. He informs that transnational corporations including Google Inc., Microsoft Corp., and and Starbucks Corp., are able to avoid taxes even though a large part of their economic activity takes place within Great Britain.