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oh dear: Tories lobbying to protect Google’s £30bn island tax haven

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    oh dear: Tories lobbying to protect Google’s £30bn island tax haven

    "Britain has been privately lobbying the EU to remove the tax haven through which Google funnels billions of pounds of profits from an official blacklist, the Observer can reveal.

    Treasury ministers have told the European commission that they are “strongly opposed” to proposed sanctions against Bermuda, a favoured shelter for Google’s profits and one of 30 tax jurisdictions in Brussels’s sights.

    The disclosure is made in a memorandum circulated among Tory MEPs in Brussels that describes potential “countermeasures” against blacklisted tax havens as “unhelpful”.

    Google is expected to announce on Monday that it has amassed £30bn of profits from non-US sales in Bermuda, where companies are not liable to pay corporation tax. The UK is Google’s largest non-US market, accounting for 11% of its global revenues, according to documents filed in America.

    And Tory MEPs voted in July against giving assistance to tax administrations in developing countries to tackle tax evasion. In March and January, Conservative and Ukip MEPs voted against a report calling for action to tackle tax avoidance, tax evasion and aggressive tax planning and a motion calling for the commission to commit to clamping down on tax fraud through legislation."

    Source: Tories lobbying to protect Google’s £30bn island tax haven | Technology | The Guardian

    So there you have it - Tory Scum very easily increasing taxes on idiots who voted for them and those smart people who didn't, yet fighting tooth and nail to enable big corps avoid taxes using offshore jurisdictions that should have been put under sanctions for facilitation of tax evasion.

    oi Waldorf, would Labour do worse?

    #2
    any idea why? seems dodgy and corrupt in light of secret negotiations with google. what britains got to win here?

    Comment


      #3
      Originally posted by diseasex View Post
      any idea why? seems dodgy and corrupt in light of secret negotiations with google. what britains got to win here?
      None of your business, prole, move along!

      Comment


        #4
        Originally posted by diseasex View Post
        any idea why? seems dodgy and corrupt in light of secret negotiations with google. what britains got to win here?
        where do you think the family money is?
        Always forgive your enemies; nothing annoys them so much.

        Comment


          #5
          Originally posted by diseasex View Post
          any idea why? seems dodgy and corrupt in light of secret negotiations with google. what britains got to win here?
          Eric Schmidt - Billionaire, Google Executive Chairman, personally appointed by Cameron to his business advisory board un until July 2015

          Rachel Whetstone - personal friend of Cameron, a former Tory aide who was Google’s PR chief until last year and is married to Cameron’s former chief strategist Steve Hilton.

          Tim Chatwin - moved straight from being Cameron’s head of strategic communications to a role as senior director of communications at Google in 2012.

          Lady Joanna Shields - ennobled by Cameron last year and made internet security minister, is a former managing director at Google.

          the lot of them.
          Last edited by DaveB; 31 January 2016, 23:35.
          "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

          Comment


            #6
            But you know, you cannot trust Labour with the economy (not that half of them aren't closet Tories)...

            Comment


              #7
              LibLabCon - All cheating lying

              But the proles flip-flop between them every 5 years, without ever giving it a 2nd thought.

              Comment

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