Home › Schmidt on Google's UK Taxes: This Is How It's Done
 

Keywords :   


Schmidt on Google's UK Taxes: This Is How It's Done

2013-04-22 18:35:42| TechNewsWorld

Google Executive Chairman Eric Schmidt defended the company's tax practices in the United Kingdom, where Google and a handful of other U.S. tech companies have been chastised for not paying enough taxes. Google paid just over $9 million in UK taxes in 2011, despite hundreds of millions in turnover. The company was able to pull this off by operating out of Ireland, which has a much lower tax rate.

Tags: its taxes schmidt googles

Category:Information Technology

Latest from this category

All news
»
28.09Eastern North Pacific Tropical Weather Outlook
28.09Atlantic Tropical Weather Outlook
28.09Post-Tropical Cyclone Helene Public Advisory Number 21
28.09Tropical Storm Joyce Public Advisory Number 5
28.09Summary for Tropical Storm Joyce (AT1/AL112024)
28.09Post-Tropical Cyclone Helene Public Advisory Number 21
28.09Tropical Storm Joyce Forecast Discussion Number 5
28.09Tropical Storm Joyce Wind Speed Probabilities Number 5
More »