3 ms·
> If almost all of the work was done in England then it's an English sale. Not true at all. If my company (an american one) goes to the UK for a sales/marketin
by bifrost 13y ago
> If almost all of the work was done in England then it's an English sale.
Not true at all. If my company (an american one) goes to the UK for a sales/marketing push, and we make sales, the sale is booked as a US sale. The currency and banks used to pay for the deal have no standing whatsoever. My company can even hold a UK bank account, we can accept payment in UKP, it still doesn't change the fact that the income is booked as a US transaction. The deciding factor is under what jurisdiction the contract is signed, in this case its Ireland because thats where Google chose to close the deal (its clearly stated in the article). It may be vexsome, but this is a direct result of bad tax policy.