Eric Schmidt: Google Will Continue Investing In UK Even If Taxes Raised

Posted by Unknown on Wednesday May 22, 2013 @04:10AM from the kinder-side-of-globalization dept.

DavidGilbert99 writes "Eric Schmidt hasn't changed his stance on Google's tax policies in the UK but has said that even if the tax legislation changes in the UK it will continue to invest in the country because 'we love the UK.' Gushing about its relationship with the UK, Schmidt said: 'Google will invest in the UK no matter what you guys do, because the UK is just too important for us. The citizens are too important for us and in our view we provide too much good.'" (Beware the auto-playing video advertisements). This after writing an Op-Ed lamenting the complexity of international taxes.

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Yeah, no shit! by serviscope_minor · 2013-05-22 04:25 · Score: 5, Insightful

So, google isn't going to throw a hissy fit and back out of a 2.5 trillion dollar economy. Say it ain't so!
Remember all this stuff is on taxes on profit! This is the stuff they get to keep after all expenses come out. So it's merely a question of pocketing a bit less of a vast amount of money.
Amazing they're not thinking of leaving, really.

--
SJW n. One who posts facts.