Jeremy Corbyn vows to ‘close down tax tricks used by giants like Google and Facebook’

&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 close the &OpenCurlyDoubleQuote;tax tricks” used by giant corporations to partially fund a pledge to deliver free full-fibre internet to all by making broadband a public service&period;<&sol;p>&NewLine;<p><&excl;--Ads1--><&sol;p>&NewLine;<p>Labour defended its costings for the centrepiece proposal to deliver the service to every home and business by 2030 under a new&comma; nationalised &OpenCurlyDoubleQuote;British Broadband”&period;<&sol;p>&NewLine;<p>The party gave the policy a price tag of £20 billion&comma; but BT chief executive Philip Jansen accused Labour of dramatically underestimating the cost&comma; which he put at closer to £100 billion&period;<&sol;p>&NewLine;<p>Launching the policy at Lancaster University&comma; Mr Corbyn vowed not to transfer the costs to the public&comma; &OpenCurlyDoubleQuote;who have already forked out far too much for rip-off broadband”&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Instead&comma; a Labour government will close down tax tricks used by giants like Google and Facebook&comma; who make millions in this country while paying next to nothing to the public services which they benefit from&comma;” he said&period;<&sol;p>&NewLine;<p>Shadow chancellor John McDonnell dismissed Mr Jansen’s figure&comma; saying Labour’s numbers had come from the Government’s own digital infrastructure review&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;So we have taken that figure&comma; a Government figure&comma; independently assessed&comma; and that’s the basis of which we will be delivering the project itself&comma;” Mr McDonnell said&period;<&sol;p>&NewLine;<p><&excl;--Ads2--><&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;They think they can get away with not paying their share&comma; well I’ve got news for them – not any more&period;”<&sol;p>&NewLine;<p>Mr Corbyn pledged the move would end internet dropouts&comma; improve national security&comma; form part of its &OpenCurlyDoubleQuote;green industrial revolution” to tackle climate change by reducing the need to commute and save the average person £30&period;30 a month&period;<&sol;p>&NewLine;<p>Mr McDonnell said the maintenance costs of the network – around £230 million yearly – would be paid for by a new approach to taxing multinationals as a share of their global activity&period;<&sol;p>&NewLine;<p>If they have 10&percnt; of their &OpenCurlyDoubleQuote;sales&comma; workforce and operations” in the UK then they would pay £10 of their global profits&comma; Mr McDonnell explained&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-68ed2f6220d8f">&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; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 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