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Fair taxation of large businesses

Submitted on Sunday 21st October 2012

Rejected on Wednesday 21st June 2017

Current status: Rejected

Rejection code: duplicate (see below for details)

Petition Action

Fair taxation of large businesses

Additional Information

Over the past three years, UK corporation tax has been reduced from 28% to 24%, and has fallen to 23% for 2013. This tax is only paid on profits, and its reduction is good news for businesses - yet some of the biggest still do not pay!

For example:

In 2010, eBay paid £1.2m tax on (estimated) profits of £181m - this is 0.6%, NOT 28%.

Amazon has estimated profits of £266m to 360m, which would yield approximately £60m to £90m in taxes. The company paid nothing, NOT (on average) 26%.

Starbucks has paid just £8.6m over 14 years, on sales of over £3bn. Smaller companies that compete with this giant pay taxes on their profits, this is unfair.

We are asking the government to tax large corporations fairly - this means paying taxes at UK rates on ALL profits derived from UK sales. If the government is forced to make spending cuts, whilst permitting tax avoidance by the largest companies, it begs to question of where do the government's loyalties lie?


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This petition was rejected

The Government e-Petitions Team gave the following reason:

There's already a petition about this issue. We cannot accept a new petition when we already have one about a very similar issue.

You are more likely to get action on this issue if you sign and share a single petition.

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