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August 12, 2012 11:00 pm GMT
Google has about 1,200 employees in England and made 395 million in revenue there last year (that's just under $620 million). It did, however, only pay 6 million in taxes in England last year. Unsurprisingly, that's not sitting well with a number of British politicians and according to The Independent, Google could face a more formal investigation into its tax schemes by next spring.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/h-zmFqGSRbY/
Report: Google Could Face UK Tax Inquiry After Just Paying 1.5% Last Year
Google has about 1,200 employees in England and made 395 million in revenue there last year (that's just under $620 million). It did, however, only pay 6 million in taxes in England last year. Unsurprisingly, that's not sitting well with a number of British politicians and according to The Independent, Google could face a more formal investigation into its tax schemes by next spring.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/h-zmFqGSRbY/
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