Mayor of London Boris Johnson has taken another swipe at Google over their alleged tax-avoidance, claiming that despite generating "shed-loads" of revenue in the UK, the search giant could be seen do be doing "a little bit more" to fix their "PR problem".
Speaking at a visit to Infotech in Bangalore, Hyderabad - regarded as an Indian Silicon Valley - the Tory Mayor said: “We all
use Google, we all love Google, but here’s the thing. It seems to me
the point stands. You either change your tax arrangements or, as I’ve
repeatedly said, great corporations that live and work and profit from
the society they’re in should do a little bit more.
“It’s perfectly correct that the law as it stands can be used in that
way. But they’ve got a PR problem. People feel that a giant corporation
like Google makes shed-loads of money should be doing a little bit
more.”
Google's managing director Matt Brittin, who was part of the American multi-national tax enquiry, had stung Johnson weeks earlier by saying: “We pay tax and he should look
at the broader contribution we make, including the investment in
start-ups in London. It’s frustrating that the Mayor of London, who is a great champion
of the financial services industry, isn’t championing the technology
sector, which has the chance to provide the next wave of growth for
London and the UK.”
Between championing the friendship between London and Bangalore's emerging tech industries, the battle between MPs demanding tougher tax from U.S businesses is heating up, in both Westminster and abroad.
Thursday, November 29, 2012
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