Google: Searching for Tax Loopholes
April 19, 2009
The dead tree Times (London, England) wrote about a different type of Google search—a search for way to avoid paying UK taxes. The article “Google Avoids £100m UK Tax. The website hailed as a ‘paragon’ is accused of adding to the public’s burden” here. No big surprise. The desire to avoid paying taxes seems to be inculcated in my family as a genetic trait. Maybe the GOOG is related to me in some mysterious way. The Times’s article is not really about taxes. The Times reported:
Google’s massive advertising revenues have already been blamed for ravaging the finances of newspapers, broad-casters and other creative industries. It is in dispute with musicians and songwriters, including Abba’s Bjorn Ulvaeus, Jools Holland and the singer Alison Clarkson, known as Betty Boo, for the royalties it pays for videos on its YouTube site.
The UK dead tree crowd wants the GOOG to go away. Not likely. The Times will continue to agitate, hoping for a return to the happier days of yore when newspapers were the primary source of information. I wish I was 15 again. Won’t happen. Adapt seems like a useful notion. I wonder if the Times and its owner have any tax skeletons in their closets?
Stephen Arnold, April 19, 2009
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