LONDON -- Starbucks has hit the headlines recently for tax avoidance. Although it has not acted illegally, the British public reacted by voting with their feet and boycotting the chain. This -- and not due to any pressure from the U.K. government, as politicians have admitted -- has led the American company to open talks with tax authorities about paying more tax, in line with others such as Whitbread's Costa Coffee. So how has the market reacted to Starbucks' unwanted headlines, and what about Google and Amazon.com being accused of paying too little tax in the U.K.?
If you want to avoid plummeting shares, The Motley Fool's special free report about market-beating investor Neil Woodford and his favorite dividend shares should help. It takes a look at some of ace investor Woodford's major holdings, and he has consistently beaten the FTSE. Just click here to discover Woodford's current income portfolio.
Copyright © 2009 The Motley Fool, LLC. All rights reserved.
More cursing happens in Maryland than across the Potomac River.
How did a photographer get an inside view of a bear's mouth? (Video)
Emma Watson revels in her post-"Potter" freedom at Cannes.
Conn. zoo officials don't know how this baby came to be born.