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Sunday, December 09, 2012

Google: leading in obfuscation

Google defends low tax payment - The Irish Times - Mon, Dec 10, 2012: "Google Ireland has defended reports it paid just 0.14 per cent tax on revenues over €47 billion, saying it has made a significant contribution to the Irish economy through investments in the country and the employment of 2,500 people at its European headquarters in Dublin.

The company said it had invested €75 million in its recently opened data centre and another €226.9 million in the acquisition of three office buildings in Dublin in 2011.

Google Ireland had a turnover of €47.44 billion between 2005 and 2011. However, the internet giant paid a total tax bill of just €69.91 million, according to the Sunday Independent."

'via Blog this'

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