Google paid just €47.8m in tax against earned revenues of €22.6bn (£20.1bn) made across Europe, the Middle East and Africa which were funneled through its advertising sales business in Dublin.
According to company filings in Ireland, revenues at Google Ireland Limited rose 23% in 2015 to €22.6bn (a third of its global income) with an estimated $7bn (£5.6bn) coming from transactions with advertisers in the UK.
A spotlight has been on the tax practices of global companies such as Google for a number of years. Recently this intensified after the European Commission claimed that fellow Read full story ›
Source: The Drum
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