As Google prepares to be grilled by members of parliament over its tax deal with HMRC, Boris Johnson has spoken out in defence of the Silicon Valley giant, arguing that it is “absurd” to blame the company for its tax strategies.
Google’s recent agreement to pay back taxes of £130m is unlikely to appease those angered by the fact that the company paid less than 3 per cent corporation tax over the last decade.
The deal has raised eyebrows among tax experts including The Tax Justice Network which has estimated that Google should be paying about £200m every year in Read full story ›
Source: The Drum
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