Mar
04
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.
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