Google To Face British MPs Over Tax Avoidance

Posted on Aug 13 2012 - 4:31am by Editorial Staff

British Member of Parliament and member of the Treasury Select Committee, John Mann wants to bring the search giant Google in front of Committee over tab avoidance. Mann pointed directly on the company’s £6 million (about $9.4 million) tax bill on £395 million (about $619 million) in earnings by saying Google’s (completely legal) tax avoidance scheme “entirely improper and immoral,” reports The Independent. “It would be highly appropriate to pull a Google executive in front of the Committee to justify their failure to pay proper taxes… sometime before Easter, realistically.”

A Google spokesman said: “We make a substantial contribution to the UK economy through local, payroll and corporate taxes. We also employ over a thousand people, help hundreds of thousands of businesses to grow online and invest millions supporting new tech businesses in East London. We comply with all the tax rules in the UK.”

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.