Featured Articles

Apple iPad Air 2 costs $275 to build

Apple iPad Air 2 costs $275 to build

IHS has told Recode that the Apple iPad Air 2 16GB Wifi costs only $275 to build -- not bad…

More...
LG sells 16.8 million smartphones in Q3 14

LG sells 16.8 million smartphones in Q3 14

As Samsung is losing market share, another Korean company, which many had written off, is gaining.

More...
LG G Watch R EU price set at €299

LG G Watch R EU price set at €299

LG G Watch R is probably the best looking Android Wear device on the market and many have been waiting for…

More...
Nvidia GTX 970 SLI tested

Nvidia GTX 970 SLI tested

Nvidia recently released two new graphics cards based on its latest Maxwell GPU architecture, with exceptional performance-per-watt. The Geforce GTX 970…

More...
Gainward GTX 970 Phantom previewed

Gainward GTX 970 Phantom previewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 02 January 2013 12:18

UK calls for Google to get a canning by the EU

Written by Nick Farrell



Start paying tax you fokkers

The UK government is taking its campaign to get Google to start paying tax to the EU. For years now Google has being playing a game of Tax Evaders with the UK authorities by funnelling its money all over the world. Google funnelled £6 billion through Bermuda last year, halving its 2011 tax bill and paying £1billion less to the cash strapped UK government.

In an open letter to fellow leaders of the G8, written as the UK takes over the presidency, David Cameron asked his fellow leaders to coordinate global efforts to stop tax avoidance by multinational businesses. Cameron said co-ordinated action is needed to make major corporations and wealthy individuals pay their fair share of tax.

He points out that it is jolly unfair that taxpayers work hard and pay their fair share of taxes only to see rich multi-nationals get away with murder. Eric Schmidt, Google’s executive chairman, has said that he is “very proud” of the way that the company arranges to pay as little tax as legally possible, saying it “is called capitalism”. It seems that the “do no evil” thing has long since disappeared.

Tax avoidance by Google, Starbucks and Amazon are big news in the UK as there is a lot of support to have the the buggers jailed for “immorally” minimising its tax bills. It is a little ironic as 300 years ago they would have transported to the colonies for theft. Now just the money is being transported and people are miffed.

Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments