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Google to pay just 1.5 per cent tax on UK earnings
Google is set to fork out just £6m in UK taxes despite taking in £395m in revenue last year, according to reports.That means, the search giant, which employs 1,300 people in the UK, will be paying a relative tax rate of 1.5 per cent for the year of 2011. In 2010, Google contributed just £8mThe figures, reported by the Daily Telegraph, will add to the criticism aimed at Google, and indeed the government, on the disproportionate tax rates payable in its host nation.A Google spokesperson defended the company's record of...
Published By: Tech Radar - Wednesday, 8 August, 2012
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Apple Remains The Most Valuable Global Brand As Google Jumps To No. 2 appadvice (Today) - Marketing Week is out with its annual BrandZ list of “the top 100 most valuable...
