Google agrees to pay UK for taxes owed for decade | Inquirer News

Google agrees to pay UK for taxes owed for decade

/ 07:24 PM January 23, 2016

LONDON—A senior opposition lawmaker says Google’s tax settlement with Britain is “derisory” and unfair to taxpayers.

John McDonnell, the Labour Party’s economic spokesman, on Saturday called for the National Audit Office to investigate.

“It looks to me from all the independent analysis that this is relatively trivial in comparison with what should have been paid,” said McDonnell

Article continues after this advertisement

On Friday, Google announced an agreement to pay UK tax authorities about 130 million pounds ($185 million) for taxes owed for the last decade.

The accord disclosed Friday comes amid mounting criticism that Google and other major US companies have been scrimping on their tax bills with a variety of accounting maneuvers that have rankled governments around the world.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Britain, google, Taxes

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.