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I believe the article is just poorly worded in that regard. > "It says that Google pays taxes worth up to 9 percent of its revenues outside the EU" They're si
by MarkCole 9y ago
I believe the article is just poorly worded in that regard.
> "It says that Google pays taxes worth up to 9 percent of its revenues outside the EU"
They're simply asserting that Google currently pays 9% of its revenue in taxes outside of the EU. I don't believe they are calculating their lost tax revenue that way.
To answer your question in the EU corporate tax is yes based on profit. Your revenue minus your expenses.
- newen 9y agoNot really. The idea is that they are hiding their profits, and so their profits are not being taxed. But the actual profit (as a percentage of the revenue) that they are hiding is expected to be similar inside and outside of the EU.