Press Esc to close
Friday 30 September 2016
News updated at 2:18 AM IST
Weather
Max: 29.4°C
Min : 21.6°C
In Bengaluru
Generally cloudy

Google skips tax on 1.6 b earning

Last updated: 20 December, 2009
London, Dec 20, (PTI):

Google has not paid any tax on its £1.6 billion advertising revenues in Britain last year, a media report says.

“Google, whose informal corporate motto is ‘don’t be evil’, did not pay any tax on its 1.6 billion advertising revenues in Britain last year,” the Sunday Times reported. Google legally avoided paying more than 450 million in corporation tax to HM Revenue & Customs in 2008, as it diverted all its advertising earnings from customers in Britain to its Irish subsidiary, the newspaper said.

Citing accounts filed with Companies House in the past week, it said, “Google’s 2008 UK corporation tax bill amounted to just 141,519 — and that was tax on the interest generated by its cash pile in UK bank deposits.”

Vince Cable, deputy leader of Liberal Democrats, urged Google to “pay its fair share” of tax. “Google’s reputation will be severely damaged if it continues to behave in this way. It is ducking its social responsibility,” Cable told the Sunday Times.


Go to Top

Photo Gallery
all-party meeting in New Delhi on Thursday following Indian army's surgical strikes along the LoC...

all-party meeting in New Delhi on Thursday following Indian army's surgical strikes along the LoC...

People celebrate after Indian army's Surgical strikes along the Line of Control...

People celebrate after Indian army's Surgical strikes along the Line of Control...

Artists practice the Garba dance ahead of the Navratri festival in Ahmedabad...

Artists practice the Garba dance ahead of the Navratri festival in Ahmedabad...

Virat Kohli and Gautam Gambhir at a training session at Eden Garden in Kolkata...

Virat Kohli and Gautam Gambhir at a training session at Eden Garden in Kolkata...

Olympic medal winner wrestler Sakshi Malik at the launch of Datsun redi-GO sport in New Delhi...

Olympic medal winner wrestler Sakshi Malik at the launch of Datsun redi-GO sport in New Delhi...

Around 150 students of CMR National Public School form a heart shape on World Heart Day...

Around 150 students of CMR National Public School form a heart shape on World Heart Day...

Baloch Leader Dilshad Mazdak Baloch during a protest against Pakistan in New Delhi...

Baloch Leader Dilshad Mazdak Baloch during a protest against Pakistan in New Delhi...

A Lord's like bell installed at Eden Garden in Kolkata on Thursday...

A Lord's like bell installed at Eden Garden in Kolkata on Thursday...

A leopord in Surat Zoo, Gujarat on Thursday....

A leopord in Surat Zoo, Gujarat on Thursday....

Vice President M. Hamid Ansari and Salma Ansari arrive at Murtala Muhammed International Airport...

Vice President M. Hamid Ansari and Salma Ansari arrive at Murtala Muhammed International Airport...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523