Saturday, 18 May 2013 09:13
'Internet giants on back foot after shopping giant admitted it receives more in government grants than it pays in UK corporate tax
The arrangement allowed Google to pay just £6m in UK corporation tax in 2011 despite generating more than £3bn in advertising revenues in this country.
"You are a company that says you do no evil," said Margaret Hodge, the committee's chairman. "I think that you do do evil. You use smoke and mirrors to avoid paying tax."'
------------------------------------------------------------
Posts
