UK Parliamentary Committee Says Google Tax Settlement Small
- 8 years ago
A U.K. parliamentary committee says Google's 130 million pound tax settlement seems disproportionately small given the size of the company's operations inBritain.
But the Public Accounts Committee said Wednesday it is not possible to say whether the deal was fair to taxpayers.
Thecommittee says U.K. tax authorities should "lead the way" in pressing for international tax changes to"prevent aggressive avoidance," by multinational companies.
It urgedtax authorities to re-open the investigation if "relevant new evidence becomes available."
But the Public Accounts Committee said Wednesday it is not possible to say whether the deal was fair to taxpayers.
Thecommittee says U.K. tax authorities should "lead the way" in pressing for international tax changes to"prevent aggressive avoidance," by multinational companies.
It urgedtax authorities to re-open the investigation if "relevant new evidence becomes available."