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Google Agrees To Pay 130M UK Pounds (~ $185M) In Back Taxes (telegraph.co.uk)

Posted by timothy on from the cutting-their-losses dept.

whoever57 writes: Google UK has come to an agreement with HMRC (Her Majesty's Revenue and Customs) under which it will recognize a larger share of its UK sales in the UK, instead of funnelling them through the Republic of Ireland. In addition, Google will pay 130M UK Pounds in back taxes representing tax on sales since 2005.

1 of 87 comments (clear)

  1. Can they afford it? by Mitreya · · Score: 1, Funny

    Google will pay 130M UK Pounds in back taxes representing tax on sales since 2005.

    Isn't UK worried about bankrupting Google into going out of business?

    The agreement, which comes after a six-year HMRC investigation

    Is it at all possible that they spent more than 130M worth investigating this?