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9 hours ago ago from taxalicious.com
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Related contentGoogle’s subsidiaries allow company to avoid £450m tax on UK advertising
19 hours ago ago from Soolit .com
Google, which has an estimated 90% market share of UK internet searches, last year used a cross-border network of subsidiary companies to ensure it did not pay a penny in corporation tax on its £1.6bn advertising revenues in Britain. The international corporate structure enables Google to avoid paying what could otherwise have been a corporation tax bill in the UK of as much as £450m. Recently filed accounts for subsidiary company ...
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