How Much Tax Does Google Pay Anywhere?

Eric Schmidt, the executive chairman of Google says that tax is a complicated matter for multinational companies. However, it is only complicated if there is aggressive tax avoidance, which is how Google and numerous other multinational companies operate. At a hearing of the House of Commons public accounts committee last year, it was established that Google does not sell in the UK as all sales are booked from Ireland, where corporation tax is only 12.5% as against 23% in the UK. It is not only UK sales that go through Ireland but sales from other countries, both in and outside…

Read More