0
Broadband

Alphabet to pay GBP 130 mln to end tax case with UK govt

Monday 25 January 2016 | 09:03 CET | News
Google parent Alphabet will pay GBP 130 million to end a tax settlement case with the UK authorities, Bloomberg reported, saying the deal covers taxes going back to 2005. The move has brought in sharp criticism as opposition politicians question how the government handled the case.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Internet
Companies: Google
Countries: United Kingdom
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Google agrees to pay EUR 306 mln to settle Italian tax case

Published 04 May 2017 15:32 CET | Italy
Google's parent company, Alphabet, has agreed to pay a total of EUR 306 million as part of a deal to settle a long-running ...

French tax inspectors raid Google's Paris office

Published 24 May 2016 18:06 CET | France
French financial crimes officers raided Google's Paris offices on 24 May as part of an ongoing tax fraud investigation. Le ...

Google to account for Australia revenues locally

Published 02 May 2016 09:11 CET | Australia
Google Australia has started accounting for local advertising revenue in Australia, rather than in Singapore. The change started ...

Facebook to bill UK customers directly, not from Ireland

Published 04 Mar 2016 14:05 CET | United Kingdom
Facebook has announced plans to start billing customers in the UK from its local subsidiary, rather than through Ireland, a move ...

Committee report criticises Google UK tax settlement

Published 24 Feb 2016 17:34 CET | United Kingdom
The Public Accounts Committee in the UK has criticised HMRC's recent tax settlement agreement with Google. The Committee urged ...

Google limits tax on royalties through Dutch company

Published 19 Feb 2016 09:32 CET | Netherlands
Google has avoided billions in tax with a postbox company in the Netherlands used to collect royalties. The company declared EUR ...

Alphabet recruits Intel's corporate controller

Published 15 Feb 2016 08:33 CET | World
Alphabet, the Google holding company, appointed Jim Campbell, a VP and finance veteran at Intel, as corporate controller. Most ...

Google defends UK tax, calls for international reform

Published 12 Feb 2016 10:48 CET | United Kingdom
Google has defended its UK tax payments and called for international tax laws to be rewritten. Writing in The Telegraph ...

Google "paying 20% tax" in the UK

Published 12 Feb 2016 08:56 CET | United Kingdom
Google's president of Europe, Middle East and Africa has defended the company's tax arrangements in a parliamentary hearing. "I ...

EU to force major firms to publish tax bills - report

Published 09 Feb 2016 10:40 CET | Europe
The European Commission (EC) is understood to be preparing new legislation to force multi-national corporations such as Amazon, ...

France expects Google to pay back much more than in UK - FM

Published 02 Feb 2016 22:46 CET | Europe
France has decided to not try to reach a settlement with Google over back taxes, reports the Financial Times. Finance minister ...

Google tax settlement a 'necessity' in France - minister

Published 29 Jan 2016 13:42 CET | France
"It is a good thing that Google resolves [taxation] issues in the UK, but to do so in France is also a necessity", French finance ...

Google accused of evading EUR 227 mln Italian tax - report

Published 28 Jan 2016 15:06 CET | Italy
Italy's financial police have accused Google of evading EUR 227 million in taxes between 2009 and 2013, according to unnamed ...

PM under pressure over Google back tax deal

Published 28 Jan 2016 11:12 CET | United Kingdom
Prime Minister David Cameron is coming under increasing pressure of a back tax deal agreed between HMRC and Google, Reuters ...

Google negotiating EUR 150 mln Italian tax deal - report

Published 07 Jan 2016 10:34 CET | Italy
Google's Italian subsidiary is negotiating a deal with Italian tax authorities to settle an investigation that accuses the US ...

Dutch Green party calls for review of Google tax deal

Published 22 Oct 2015 10:58 CET | Netherlands
The opposition Green Left (GroenLinks) party has called on the Dutch government to review its tax agreements with Google. This ...

Amazon to pay UK taxes on profit made from UK sales

Published 25 May 2015 10:48 CET | United Kingdom
Amazon has started booking retail sales made to customers in the UK through a UK branch of Luxembourg-registered Amazon EU, ...

UK chancellor to announce 25% 'Google Tax' - report

Published 17 Mar 2015 15:27 CET | United Kingdom
UK chancellor George Osborne's budget speech of 18 March, is expected to include a 25 percent tax on large technology companies' ...

Spanish publishers urge govt to start charging 'Google tax'

Published 02 Feb 2015 14:37 CET | Spain
Spain's association of newspaper editors, AEDE, has called on the government to accelerate the implementation of the so-called ...