The move to close tax-loopholes by many G20 countries including the UK is facing last-minute attempts by lobbyists from tech firms.

The Digital Economy Group, which lobbies for many leading U.S. based digital firms, has written to the think-tank tasked with drafting loophole reforms, in a bid to argue that tech firms do not employ tax avoidance practices and that legislation should not target tech firms specifically.

The group said: "Enterprises that employ digital communications models do not organise their business operations differently as a legal or tax matter."

The reforms follow companies such as Google paying small amounts of tax compared to billion dollar profits.

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