Tag Archives: Google

France Seeking £1.3 Billion Tax from Google vs UK Just £0.13 Billion

French tax authorities are rumoured to be seeking €1.6 billion, about £1.3 billion, from Google in back taxes. Compared to HMRC only getting £130 million. Given the Google business model in both countries is essentially the same, either the French … Continue reading

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EU Willing to Investigate HMRC Tax Deal with Google

The EU Competition Commissioner, Margrethe Vestager, has said she is willing to look at HMRC’s recent special tax deal with Google, to see if it breached competition rules, if contacted. She reportedly said that the EU could use state aid … Continue reading

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HMRC Under Scrutiny for Google Tax Deal

HMRC’s recent special tax deal with Google is being questioned. Google’s accounts showed it made sales of £4.5 billion in the UK in 2014, with a profit rate of about 25% that’s taxable profit of around £1.1 billion to most … Continue reading

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European Investigation of Google

Media reports are speculating that the ongoing European Commission investigation into Google may soon lead to the start of legal action. The enquiry is into a possible abuse of a dominant market position by Google and what to do about … Continue reading

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UK customer + UK paying + UK money + UK goods + UK services + UK advertised + UK delivered + UK used = 0.3% UK tax.

The “Mirror” newspaper reports that 6 US companies with UK sales estimated at £14.3bn paid just £41.3m in UK tax, or 0.3%. UK sales figures for Apple, Google, Starbucks, Amazon, Ebay and Facebook were estimated. This is because they use, … Continue reading

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Google: The moral case on tax avoidance is overwhelming…..

“From 2007 onwards, [Google] made £11.9bn worth of revenues in Britain, but gave the taxman only around £10m in corporation tax.” Stunning! http://www.independent.co.uk/voices/comment/the-moral-case-on-tax-avoidance-is-overwhelming–and-we-all-know-google-wants-to-do-the-right-thing-8622565.html Eamon McNicholas Tax Barrister, Accountant EamonMcNicholas.com

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