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Google and taxes
Filed in archive Compliance by leon on March 5, 2007
Google and taxes
Google, the company with the informal corporate motto of "Don't be evil", has run into trouble with regulators about how it pays its taxes.

Google has disclosed that the Securities and Exchange Commission queried how it accounted for its taxes and that the tax dispute is still unresolved, reports Red Herring.

How serious a problem is it? Check out this report of how Google avoided paying $131 million in US taxes by setting up an Irish subsidiary. That's despite it having minimal operations in Ireland.

Watch this space. Evil might be in the eyes of the beholder.

Permalink: Google and taxes
Tags: Google  taxes  Securities  and  Exchange  Commission  google  google+taxes  hedge+funds  small+business 
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