What does Google mean by “fair tax”

EPA/BORIS ROESSLER

A file picture dated 21 October 2004 shows a man passing by a Google logo in Frankfurt, Germany. Alphabet, the parent company of internet giant Google, surpassed Apple as the world's most valuable company 01 February 2016, when investors snapped up stock after the company reported fourth-quarter earnings of nearly 5 billion dollars. The net earnings - 4.9 billion dollars to be precise - were an increase from 4.7 billion the year before. Revenue rose 18 per cent year-on-year to 21.3 billion dollars. Daniel Saurenz, an analyst with Feingold Research, said the news beat even the most ambitious expectations.

What does Google mean by “fair tax”


Google and other US corporate behemoths would welcome more clarity on their tax liabilities in the EU, said their representative, Adam Cohen, on Tuesday, March 15, testifying in a special European Parliament Committee.

And yet it is precisely the lack of clarity that reduces Google's tax burden.

Google

During the consultation, several MEPs criticized Google for paying too little tax in EU countries and said that its deal with the UK revenue service (HMRS) shows that Google was ethically...


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