4 ms·
How is this news now ? Isn't this pretty much what every corporation does to reduce the tax load ?
by pavanky 13y ago
How is this news now ? Isn't this pretty much what every corporation does to reduce the tax load ?
- kmfrk 13y agoIt's a somewhat hot topic in the UK at the moment.
- sigzero 13y agoNo, the details are a little bit different on this one.
- frossie 13y agoThis is news now because there is a UK parliamentary committee hearing (analogous though not identical to a US congressional hearing) into corporate tax avoidance schemes, and Google is being accused of having misled the parliamentary committee in previous testimony before it: http://www.guardian.co.uk/technology/2013/may/16/google-denies-disguise-operates-tax http://www.guardian.co.uk/technology/2013/may/16/google-deni... I obviously have no knowledge of the specific matter, but in general it is a bad thing if MPs start accusing you of having lied to them, and it is not unusual for whistleblowers to come forward when stuff like that starts to hit the news.
- j_baker 13y agoThat's certainly not the way it works in the US. Our politicians routinely lambast people to score easy political points.