The U.K. Parliament’s Public Accounts Committee has asked executives from Starbucks, Google and Amazon to attend a hearing on Monday, Nov. 5, to ask about the companies' U.K. tax payments, Reuters reports.
A committee spokesman said it was possible the hearing would be rescheduled to a later date.
Reuters reported last month that Starbucks has paid 8.6 million pounds in corporate taxes in the U.K. in the 14 years it has operated in the country. A Reuters story today that looks at the coffee chain’s European operations says that while Starbucks told investors its European businesses had posted a $40 million profit in 2011, its accounts for its three biggest units in Europe, in the U.K., France and Germany, showed a $60 million loss.
See the full story here.