Goldman Sachs Backs Off Tax Plan Over U.K. Backlash
Goldman Sachs (GS) bowed to pressure from the Bank of England and British media and said it will not postpone annual bonus payments so employees could save money on taxes. Goldman is just the latest of several U.S. companies who have come under attack in the Britain for their efforts to avoid paying taxes. In December, a parliament accounting committee criticized multinationals like Starbucks (SBUX), Amazon (AMZN) and Google (GOOG) for taking
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