None of the bills Crowley sponsored or co-sponsored in 2014 were related to corporate taxes, and back in 2007 Crowley said of tax inversion, «I will continue to work to end this practice that effectively results
in corporate tax evasion.»
Whether it was or wasn't simply a marketing expense, the important point is that the scandal that blew up
around corporate tax evasion provided the opening for Starbucks to fulfil its obligation.
Recent corporate tax evasion scandals reveal that despite of progress in terms of greater tax fairness, transparency, and exchange of information, plenty remains to be done to close existing loopholes.
The
new corporate tax evasion offence, set out in the Criminal Finances Act, is modelled on the Bribery Act 2010 and the corporate offence of failure to prevent bribery.
A leading development charity has attempted to calculate the amount of money lost to
corporate tax evasion.