Jeremy Corbyn issues tax warning to multinational companies

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Jeremy Corbyn has vowed to stop multinational companies offshoring their tax bills to &OpenCurlyDoubleQuote;lower tax regimes” with measures to force them to pay their fair share in the UK&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>The Labour leader met workers at an Amazon depot in Sheffield as he warned big companies they would have to pay taxes on all operations in the UK&period;<&sol;p>&NewLine;<p>Labour expects the measures would raise £6&period;3 billion for the exchequer in 2024 to help pay for its manifesto plans to nationalise key utilities in a &OpenCurlyDoubleQuote;green industrial revolution”&period;<&sol;p>&NewLine;<p>Mr Corbyn and shadow employment rights secretary Laura Pidcock set out plans to clamp down on &OpenCurlyDoubleQuote;enablers of tax dodging”&comma; increase HMRC targeted audits and establish an inquiry into the finance sector&period;<&sol;p>&NewLine;<blockquote class&equals;"twitter-tweet" data-width&equals;"550" data-dnt&equals;"true">&NewLine;<p lang&equals;"en" dir&equals;"ltr">Amazon is owned by one of the richest people on the planet but it refuses to treat its workers with dignity and respect&period;<&sol;p>&NewLine;<p>Today I&&num;39&semi;m proud to join them and <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;GMB&lowbar;union&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">&commat;GMB&lowbar;union<&sol;a> as Labour promises a new deal for workers and their families&period; <a href&equals;"https&colon;&sol;&sol;t&period;co&sol;gZqvHpah15">pic&period;twitter&period;com&sol;gZqvHpah15<&sol;a><&sol;p>&NewLine;<p>&mdash&semi; Jeremy Corbyn &lpar;&commat;jeremycorbyn&rpar; <a href&equals;"https&colon;&sol;&sol;twitter&period;com&sol;jeremycorbyn&sol;status&sol;1198205396537794561&quest;ref&lowbar;src&equals;twsrc&percnt;5Etfw">November 23&comma; 2019<&sol;a><&sol;p><&sol;blockquote>&NewLine;<p><script async src&equals;"https&colon;&sol;&sol;platform&period;twitter&period;com&sol;widgets&period;js" charset&equals;"utf-8"><&sol;script><&sol;p>&NewLine;<p>If Labour wins the December 12 election&comma; it would introduce a 20&percnt; offshore company property levy&comma; require greater scrutiny of MPs’ tax affairs and scrap non-dom status which gives tax advantages&period;<&sol;p>&NewLine;<p>Labour was also highlighting existing policies to end in-work poverty with plans to give a £10-an-hour minimum wage for all&comma; ban zero-hours contracts and give every worker full rights from their first day in a job&period;<&sol;p>&NewLine;<p>The Labour leader told reporters&colon; &OpenCurlyDoubleQuote;We’re here to say to big companies that operate in Britain that in future you’re going to have to pay taxes on all your operations in this country – you will not be able to offshore your tax bill to some lower tax regime&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;I think these are just basic issues of social justice and that’s why I’m here this morning&period;”<&sol;p>&NewLine;<p>He said zero-hours contracts would be a &OpenCurlyDoubleQuote;thing of the past” under Labour&comma; and everyone in work would know &OpenCurlyDoubleQuote;exactly what their basic income is going to be”&period;<&sol;p>&NewLine;<p>Mr Corbyn has long sparred with tech giants&comma; previously writing a birthday card to Amazon founder Jeff Bezos wishing the company &OpenCurlyDoubleQuote;many happy tax returns” and demanding it pays more UK tax and improves working conditions&period;<&sol;p>&NewLine;<p>An Amazon spokesman said&colon; &OpenCurlyDoubleQuote;These claims about Amazon are false&period; The Government wrote the tax laws and they are designed to encourage investment&comma; and we are investing heavily in creating jobs and infrastructure across the UK – more than £18 billion since 2010&period;<&sol;p>&NewLine;<p><&excl;--Ads2--><&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;This investment helped contribute to a total tax contribution of £793 million during 2018 – £220 million in direct taxes and £573 million in indirect taxes&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;This year we announced plans to create 2&comma;000 new jobs in the UK&comma; taking our total workforce to over 29&comma;500&period; Our associates receive industry-leading pay&comma; with all employees earning at least £9&period;50 to £10&period;50 an hour depending on location&period;”<&sol;p>&NewLine;<p><&excl;--Ads3--><&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68eceeb2a9827">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; 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