We have a chancellor who can describe as a ‘major success’ just £130m in back taxes paid by Google. It has to be one of the biggest sweetheart deals of all timeWhat’s improper with big business all of a sudden? The latest revelations of malpractice at Tesco,Sports Direct and Volkswagen are now capped by Google’s grand larceny of British taxpayers. There is of course “no wrongdoing”, that motto of contemporary business. But Google executives are behaving like medieval penitents, or wandering Europe’s confessionals to buy remission of fiscal sins for as microscopic as they can secure absent with. The plan that the internet would herald a new,clean-limbed, egalitarian corporatism is dead. Related: Google tax deal was purely HMRC decision, and Downing Street stresses Continue reading...
Source: theguardian.com