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Google paid GBP 11.6 mln corporation tax in UK in 2012

Monday 30 September 2013 | 10:56 CET | News
Google's UK subsidiary paid just GBP 11.6 million corporation tax in 2012, on sales of GBP 506 million, reports The Telegraph. It made a profit of GBP 36.8 million in 2012, compared to a loss of GBP 24.1 million and sales of GBP 395 million in 2011, according to a filing with Companies House. Its accounts will show a provision of GBP 24 million for taxes on shares awarded to workers from 2005 to 2011.

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Categories: Internet
Companies: Google
Countries: United Kingdom
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