12th Dec 2012
Amid the controversy over Starbucks' limited tax contributions in the UK, an entrepreneur has accused the company of 'basic theft'.
"Any multinational like Starbucks that comes into this country and siphons out money needs to be sorted out," said William Chase, founder of Tyrrells Crisps and Chase Vodka.
"All of them are taking our hard earned money and acid stripping it away. It's basic theft."
Starbucks responded to the controversy by announcing it would pay £20m tax over the tax two years but Chase said it was "token gesturism" and "patronising beyond belief."
He continued: "What about all their back taxes? Who are they to decide how much tax to donate to the UK from their Corporate Social Responsibility fund? It's laughable."