360° Coverage : Google on tax schemes - 'it's called capitalism'

10 Updates

Google on tax schemes - 'it's called capitalism'

Source: The Age, Dec 12 2012, 2:14pm CST

Google chairman Eric Schmidt has defended the company's tax policies, saying of the internet giant's moves to get out of paying billions of dollars: "It's called capitalism". The company avoided about $US2 billion ($A1.9 billion) in ...

Continue reading on: The Age

Update

3 hours ago

Tax avoidance from big global firms costs every British taxpayer £183 a year

Source: Mirror.co.uk | May 18 2013, 6:34pm CDT

Every British taxpayer is being cheated out of £183 a year as global giants including Google and Amazon avoid paying annual taxes of as uch as £5.5billion. A Sunday Mirror analysis of company accounts, regulatory filings and figures from HM Revenue and ...

Continue reading on: Mirror.co.uk More like this

Update

3 hours ago

Here's a solution: It's time for a global companies to pay a Global Profit Tax

Source: The Independent | May 18 2013, 6:32pm CDT

The cascade of revelations in recent months showing multinational companies doing a huge amount of business here and yet paying virtually no corporation tax has provoked widespread public demands for something to be done. B ...

Continue reading on: The Independent More like this

Update

22 weeks ago

Quote:
"Governments have been very much behind the curve. We operate national systems of enforcement in a world where companies operate on a global scale. On behalf of taxpayers, we've got to retrieve the situation."

Source: The Age

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Update

4 hours ago

Breaking News: Miliband pledges tax crackdown

Source: The Huddersfield Daily Examiner | May 18 2013, 6:05pm CDT

Labour leader Ed Miliband will write new rules to tackle corporate tax dodgers if he wins the next election, even if there is no international consensus for action. Prime Minister David Cameron will lead efforts at next month's ...

Continue reading on: The Huddersfield Daily Examiner More like this

Update

4 hours ago

Amazon's tax arrangements are nothing short of a work of art. Bravo!

Source: Guardian Unlimited | May 18 2013, 6:05pm CDT

There's something fishy about Google's motto, "Don't be evil." I'm not saying it's controversial but it makes you think, "Why bring that up? Why have you suddenly put the subject of being evil on the agenda?" It's suspicious in the ...

Continue reading on: Guardian Unlimited More like this

Update

4 hours ago

Editorial: Google could do itself some good

Source: The Telegraph UK | May 18 2013, 6:00pm CDT

There are two possible responses to the payment by several large, profitable, multinational companies of nugatory sums in corporation tax. One is to give up on the idea of a profits tax altogether. There is an econ ...

Continue reading on: The Telegraph UK More like this

Amazon pays just 4.5% on European profit in tax haven

Source: This Is Money | May 18 2013, 4:31pm CDT

Questions: Amazon faced criticism after its UK accounts showed very low levels of reported sales and profits here Amazon is paying just 4.5 per cent tax on its European profits after directing its sales through the tax hav ...

Continue reading on: This Is Money More like this

Update

5 hours ago

Eric Schmidt defends Google's tax affairs following Commons criticism

Source: Guardian Unlimited | May 18 2013, 4:31pm CDT

Please activate cookies in order to turn autoplay off Google executive chairman says company accounts comply with international law Eric Schmidt said that he understood why Google’s apparent sidestepping on UK taxation had generated controversy. Photo ...

Continue reading on: Guardian Unlimited More like this

Update

7 hours ago

Ed Miliband vows to curb corporate tax avoidance

Source: Guardian Unlimited | May 18 2013, 3:12pm CDT

Ed Miliband has vowed to rip up the rule book as prime minister and go it alone if there is no international consensus to tackle multinationals engaging in massive tax avoidance. In an interview with the Observer, the L ...

Continue reading on: Guardian Unlimited More like this

Update

7 hours ago

At Google we aspire to do the right thing. So we welcome a debate on international tax reform | Eric Schmidt

Source: Guardian Unlimited | May 18 2013, 3:11pm CDT

At a time when families are having to tighten their belts and funding for vital public services is under pressure, corporate taxation is rightly a hot topic. And as a company that has always aspired to do the right ...

Continue reading on: Guardian Unlimited More like this

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360° Coverage : Google on tax schemes - 'it's called capitalism'

Google on tax schemes - 'it's called capitalism'

Tax avoidance from big global firms costs every British taxpayer £183 a year

Here's a solution: It's time for a global companies to pay a Global Profit Tax

Quote:
"Governments have been very much behind the curve. We operate national systems of enforcement in a world where companies operate on a global scale. On behalf of taxpayers, we've got to retrieve the situation."

Who is this Celebrity?

Breaking News: Miliband pledges tax crackdown

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Amazon's tax arrangements are nothing short of a work of art. Bravo!

Editorial: Google could do itself some good

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Amazon pays just 4.5% on European profit in tax haven

Eric Schmidt defends Google's tax affairs following Commons criticism

Ed Miliband vows to curb corporate tax avoidance

At Google we aspire to do the right thing. So we welcome a debate on international tax reform | Eric Schmidt

360° Coverage : Google on tax schemes - 'it's called capitalism'

Google on tax schemes - 'it's called capitalism'

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Quote: "Governments have been very much behind the curve. We operate national systems of enforcement in a world where companies operate on a global scale. On behalf of taxpayers, we've got to retrieve the situation."

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"Governments have been very much behind the curve. We operate national systems of enforcement in a world where companies operate on a global scale. On behalf of taxpayers, we've got to retrieve the situation."