Saturday, 1 February 2014

Fucking Google again

I guess that we're going to have the same stories published around about the same time each year aren't we?
Google yesterday announced record British earnings of £3.6billion last year, an increase of £600million on 2012. 
But the online search giant has yet to disclose how much corporation tax it will pay.
It will come under enormous pressure over the figure following fierce criticism over its tax affairs. For 2012, the US multinational paid just £11.6million of tax on an income of £3billion.
 
It was accused of leaving hard-pressed families and businesses to fund public services such as hospitals and schools.
I've covered Google in the past so I won't repeat myself, but let's have a look at that last sentence that I've quoted from the Mail. So if Google et al magically start paying corporation tax and fund the schoolsandhospitals, that will reduce the tax burden from a "hard-working family" like me and my lot? Will it fuck. The government of the day will just find something else to spunk it on, what with it being rather easy to be loose and fast with someone else's money.

2 comments:

  1. XX For 2012, the US multinational paid just £11.6million of tax on an income of £3billion. XX

    Was it illegal?

    No! So fuck OFF!

    If the bastards don't like it they should not have written the laws in such a way.

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    Replies
    1. No, the US multinational paid £11.6 million of tax for a UK subsiduary the media however focus on the total turnover of the parent, for which UK tax isn't payable.
      Like comparing the turnover of Greggs and the tax from your local cake shop.

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