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In pursuit of the $21 trillion

David Cameron has one chance to target the tax dodgers—here is what he should do

By Paul Collier   April 2013

Opportunities for global cooperation on tax avoidance “are grimly limited.” David Cameron must use the G8 presidency to press for action © Reuters

Starbucks has done the world a great service. The techniques it used to avoid paying much corporation tax in Britain, in the 15 years since its coffee shops first appeared on the country’s high streets, while legal, have made the issue apparent and important to the British electorate. On the £3bn sales it has achieved in Britain since 1998, it has paid only £8.6m in corporation…

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