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22/04/2013
Google Defend UK Corporation Tax Record
Google have defended paying just £6m in UK corporation tax.
Speaking to The World at One on BBC Radio 4, Google's executive chairman, Eric Schmidt, said his firm invested heavily in the UK and its services boost the economy.
While adding that "Britain has been a very good market for us," he said: "We empower literally billions of pounds of start-ups through our advertising network and so forth.
"And we're a key part of the electronic commerce expansion of Britain, which is driving a lot of economic growth for the country."
He added that Google's behaviour reflected the way all big international companies manage their taxes.
"The same is true for British firms operating in the US, for example," he said.
"I think the most important thing to say about our taxes is that we fully comply with the law and we'll obviously, should the law change, we'll comply with that as well."
(H/CD)
Speaking to The World at One on BBC Radio 4, Google's executive chairman, Eric Schmidt, said his firm invested heavily in the UK and its services boost the economy.
While adding that "Britain has been a very good market for us," he said: "We empower literally billions of pounds of start-ups through our advertising network and so forth.
"And we're a key part of the electronic commerce expansion of Britain, which is driving a lot of economic growth for the country."
He added that Google's behaviour reflected the way all big international companies manage their taxes.
"The same is true for British firms operating in the US, for example," he said.
"I think the most important thing to say about our taxes is that we fully comply with the law and we'll obviously, should the law change, we'll comply with that as well."
(H/CD)
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