Tag Archives: Google

Google3

“Meanwhile, Ireland, already an attractive destination for multinational companies, is making it even easier for them to avoid taxes.”

“Last year, for example, Irish revenue authorities agreed to let Google make billions of dollars in royalty payments directly to a Bermuda subsidiary, helping to cut the company’s tax bill by at least $2 billion a year, according to U.S. and overseas securities filings. Previously, Google had routed those payments through a shell company in the Netherlands to avoid a 20 percent Irish withholding tax on payments destined for island havens. According to a person with knowledge of the arrangement, Ireland agreed to accept an additional tax well below 20 percent in exchange for the favorable treatment.“

Jesse Drucker on Bloomberg.

Europe Eases Corporate Tax Dodge as Worker Burdens Rise (Bloomberg) 

Previously: Anything Good Behind The FT Paywall? 

How Google’s Double Irish Tax Scheme Works

Mark Stedman/Photocall Ireland

google-germany-logo-06

Good times for some.

Bad Times for others.

Google and other news aggregators may continue to show short news items on their websites without being required to pay, German lawmakers decided in a parliamentary vote today. The move was a blow to publishers including Axel Springer and Bertelsmann.

 

Germany Rules On News Aggregators (Irish Times)

Last week’s release of Google Maps for Apple’s iOS6 has had a spectacular galvanising effect on the huge number of Apple users holding on to iOS5 on account of their dread of Apple Maps.

According to research by mobile ad company MoPub, in the five days following the release of Google Maps for iOS6, Apple experienced a 29% rise in iOS6 downloads.

There were over 10 million downloads of Google Maps for iOS6 in the first 48 hours alone.

Would never have happened if Steve were still around.

Mmf.

ohgizmo

Google it.

[Eric] Schmidt is “very proud” of the corporate structure Google set up to divert profits made in European countries, such as the UK, to its firms in the low-tax havens of Ireland and The Netherlands, thus minimising its tax bill.
“We pay lots of taxes; we pay them in the legally prescribed ways,” he told Bloomberg. “I am very proud of the structure that we set up. We did it based on the incentives that the governments offered us to operate. It’s called capitalism.”

 

Ah.

Our old friend: The U2 Jedi Mind Trick.

Schmidt ‘Very Proud’ Of Google’s Tiny Tax Bill: ‘It’s Called Capitalism’ (The Register)

Dorothy M Parker writes:

Can any of your readers tell me why a new media company like Google is using dinosaur technique marketing? I mean, have they looked at 50-year-olds these days? How many 50 year olds do you know who would consider themselves even middle-aged, never mind elderly?

Thanks for letting me get that off my 53 year old chest… which is holding up quite nicely thank you without a vest.

 

Google Silver Surfer Awards (AgeAction)