Video: MPs demand action over Starbucks, Amazon and Google tax avoidance Parliament's Public Accounts Committee (PAC) has published a report criticising the UK tax avoidance practices of giant global firms. Margaret Hodge, head of the PAC, said in the report: "Global companies with huge operations in the UK generating significant amounts of income are getting away with paying little or no corporation tax here. This is outrageous and an insult to British businesses and individuals who pay their fair share. She said the "inescapable conclusion is that multinationals are using structures and exploiting current tax legislation to move offshore profits that are clearly generated from economic activity in the UK." The PAC report is the result of MPs" recent grilling of tax officials and executives from Amazon and Google, as well as Starbucks, which have also been accused of tax avoidance. The MPs accused HMRC of being "way too lenient" with giant global corporations. Its scathing assessment concluded that the taxman is "failing to meet the legitimate public expectations from the tax system" and said the taxman had to be more aggressive and assertive in confronting corporate tax avoidance. Starbucks has become the first multinational to cave in to public anger and political pressure over what MPs called "outrageous" and "immoral" tax avoidance. The US coffee giant admitted it "needed to do more" by agreeing to review accounting practices that reduce its taxable profits. It is now looking to declare larger profits in Britain and thus pay more tax. Starbucks - valued at £25bn - is in talks with HM Revenue & Customs and the Treasury over it tax position. Discussions are understood to be focusing on reducing a "royalty fee" of 4.7pc its UK company pays to a Dutch subsidiary for the rights to use the Starbucks name and coffee recipe.