[Livia]

It's not enough cash, but what it is, is an admission. And they will pay tax going forward which can only be a good thing. I'm sure this wasn't just offered an accepted, it would have been negotiated as part of an ongoing package. So even though it's inevitable that some people will see it as a negative, it isn't. And it's also a precedent for other companies to face the music and honour their tax bill from here on in.

And let's bear in mind, they reached this agreement with the Tories. They paid NOTHING under Labour.

[smudgie]

Originally Posted by Livia

It's not enough cash, but what it is, is an admission. And they will pay tax going forward which can only be a good thing. I'm sure this wasn't just offered an accepted, it would have been negotiated as part of an ongoing package. So even though it's inevitable that some people will see it as a negative, it isn't. And it's also a precedent for other companies to face the music and honour there tax bill from here on in.

And let's bear in mind, they reached this agreement with the Tories. They paid NOTHING under Labour.

Aye, it has to be a positive, any tax money paid helps.
Hopefully it is the start of more to come.

[Livia]

Originally Posted by smudgie

Aye, it has to be a positive, any tax money paid helps.
Hopefully it is the start of more to come.

I hope so too. Let's hope Amazon and Starbucks and all the others step up.

[arista]

Originally Posted by Livia

It's not enough cash, but what it is, is an admission. And they will pay tax going forward which can only be a good thing. I'm sure this wasn't just offered an accepted, it would have been negotiated as part of an ongoing package. So even though it's inevitable that some people will see it as a negative, it isn't. And it's also a precedent for other companies to face the music and honour their tax bill from here on in.

And let's bear in mind, they reached this agreement with the Tories. They paid NOTHING under Labour.

You Are Most Wise Livia

[Kizzy]

Originally Posted by Livia

It's not enough cash, but what it is, is an admission. And they will pay tax going forward which can only be a good thing. I'm sure this wasn't just offered an accepted, it would have been negotiated as part of an ongoing package. So even though it's inevitable that some people will see it as a negative, it isn't. And it's also a precedent for other companies to face the music and honour their tax bill from here on in.

And let's bear in mind, they reached this agreement with the Tories. They paid NOTHING under Labour.

Notes to the accounts show "administrative expenses" rose significantly between 2008 and 2009 – by €794m – because of increases in headcount, sales and marketing and the "royalties paid as a result of increases in recorded turnover".

Notes on page 16 of the accounts also show that the Irish corporate tax paid is €9.6m – an effective tax of around 20%.

The figures largely echo those uncovered by an investigation across six countries conducted by Bloomberg and UK-based tax accountant Richard Murphy last year.

They uncovered a highly efficient tax structure across six territories that meant Google paid just 2.4% tax on operations outside the US.

They did pay tax under Labour.

Anger over the amount of tax paid by Google in the UK could escalate after documents showed the web giant contributed just £6m to the exchequer in 2011 on UK turnover of £395m.

Seems more tax was paid under Labour than the coalition.

http://www.theguardian.com/business/...easons-bermuda

http://www.telegraph.co.uk/technolog...6m-UK-tax.html

[DemolitionRed]

It was Gordon Brown who made it possible for large corporations to slip through paying their tax obligations. This government has just encouraged it to continue but then lets face it, all cabinets are embroiled in corporate tax scams.

High fives the Green Party and Corbynomics on this one.