MPs attack deal to let Google to pay ‘relatively trivial’ £130m back taxes
‘If Tory MP Mark Garnier is right and Google’s UK turnover has been £1.8 billion per year, then its Corporation Tax bill could be anything up to £360 million a year (depending on the company’s costs).
In that context, a deal to pay just £130 million – from 2005 – is worse than “trivial”, as described in the Guardian article.
It casts further doubt on George Osborne’s long-disputed claim that he is seriously trying to tackle tax avoidance – and bring down the UK’s national deficit and debt.’
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