Tag Archives: Tax

Don’t be evil. Just don’t pay your taxes

Yes, I know that every company likes to use all means legal to avoid tax. But surely a company which prides itself on not “being evil” shouldn’t also be using all means necessary to ensure it doesn’t pay UK corporation tax?

Google, which has an estimated 90% market share of UK internet searches, last year used a cross-border network of subsidiary companies to ensure it did not pay a penny in corporation tax on its £1.6bn advertising revenues in Britain.

The international corporate structure enables Google to avoid paying what could otherwise have been a corporation tax bill in the UK of as much as £450m.”

(Photo by Yodel Anecdotal – http://flic.kr/p/3d7XhU)
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