Google Sheds Light on Need for UK Tax Reform
June 24, 2013
Whether or not Google is avoiding taxes, there are not many media sources that are avoiding coverage of this story. The Mirror article, “Google Boss Goes to Ground as Whistleblower Makes New Tax Avoidance Claims,” reveals more information.
British MP’s branded Google as “devious, unethical and evil” and then ex-Google executive Barney Jones claimed that the firm had “cheated” taxpayers out of millions of dollars over the past ten years.
The Telegraph reports the words of Google’s Eric Schmidt as he wrote in a Sunday newspaper in “Google Chief Eric Schmidt Criticises Politicians Over Tax Row”:
“Given the intensity of the debate, not just in the UK but also in America and elsewhere, international tax law could almost certainly benefit from reform. The UK government has the perfect opportunity to take the lead in shaping this complex debate at the G8 summit next month. We hope George Osborne seizes the initiative and makes meaningful tax reform one of the top items on the agenda.”
If everyone agrees that the laws need to undergo tax reform (which appears to be the case) let’s see some more action towards making that happen.
Megan Feil, June 24, 2013
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