Writing Resources
Multinational Corporations A multinational corporation is a corporation that is in more than one country or has assets in more than one country Multinational Corporation MNC Some examples of multinational corporations include Facebook Amazon Microsoft and Apple Grey These corporations all have their headquarters in the United States but have reached out to other countries to make their corporations bigger and better What these corporations don't want you to know is how harmful they are to our world Coca Cola is a very popular multinational corporation but has taken 1 5 million liters of well water in India and has left them with a water shortage contaminated water and ruined their agriculture activity International Coca Cola has also been sued by 2 000 African Americans for race based wages and hours International We need to better regulate multinational corporations because they avoid paying taxes find cheap labor in undeveloped countries and are big contributors to the pollution in our environment Multinational corporations are known for avoiding taxes and having huge cash reserves in other countries The United States has the highest tax rate at about 35 Holt Multinational corporations make huge profits by keeping most of their money overseas where taxes aren't as expensive Starbucks Amazon and Google have all been caught avoiding taxes Last year in the United Kingdom Starbucks had sales of 400 million euros and paid no corporation tax Holt In 2011 Amazon had 3 35 billion euros worth of sales and a tax expense of only 1 8 million euros Holt
