I think that's what google is saying, but HMRC is saying that google was misinterpreting the rules and/or evading tax.
From what I can see, it's down to the interpretation of the rules, and google's interpretation was, perhaps, somewhat creative.
Either way, it makes sense for them to pay up. They could challenge HMRC, but even if they won the UK government could just change the law so they're going to have to pay the tax no matter what.
This is a win for the working people in the UK who don't have the option of devising an elaborate tax shield. Now google is finally paying their fair share of taxes.
Comments
I think that's what google is saying, but HMRC is saying that google was misinterpreting the rules and/or evading tax.
From what I can see, it's down to the interpretation of the rules, and google's interpretation was, perhaps, somewhat creative.
Either way, it makes sense for them to pay up. They could challenge HMRC, but even if they won the UK government could just change the law so they're going to have to pay the tax no matter what.
This is a win for the working people in the UK who don't have the option of devising an elaborate tax shield. Now google is finally paying their fair share of taxes.