Tuesday, January 26, 2016

How Google got its tax break - 2014 google worldwide revenues came to £46billion



Giant corporations such as Google will ‘inevitably’ pay less tax than ordinary firms, one of Britain’s top Revenue officials admitted yesterday. Jim Harra, head of tax at HM Revenue and Customs, triggered outrage when he suggested it was unrealistic to expect multinational firms to pay as much as other businesses. Mr Harra, who was involved in the tortuous six-year negotiations with Google, said big corporations would structure their affairs to pay lower bills than British competitors.
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