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Eric Schmidt defends company's tax affairs



1:04 pm on May 19, 2013 (gmt 0)

WebmasterWorld Senior Member whitey is a WebmasterWorld Top Contributor of All Time 10+ Year Member Top Contributors Of The Month

On Thursday, Google executive Matt Brittin faced tough questioning from MPs on the Public Accounts Committee.

Mr Schmidt wrote: "At a time when families are having to tighten their belts and funding for vital public services is under pressure, corporation tax is rightly a hot topic."

But he emphasised that the tax treatment of multinational companies with a global presence was very complicated.

International tax law might need reforming, and he looked forward to seeing a forthcoming report by the Organisation for Co-operation and Development on how to make the rules simpler and more transparent.


5:36 pm on May 19, 2013 (gmt 0)

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Quite a few articles in the UK's Sunday Times today. Complete with 'whistleblower' story. Looks like this newspaper has started a campaign as it may be Google are "selling" in the UK rather than Ireland.


8:23 am on May 20, 2013 (gmt 0)

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