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Google UK coughs up £130m back taxes. Is it enough?

Doctor Syntax Silver badge

"Tax laws should be written on one piece of paper with no get out clauses. Make it so IP can't be charged between the same company or limit it to a small % of revenue."

As soon as you start adding a few "make it so that..." clauses you end up needing a bigger piece of paper.

In international terms tax laws are in a competitive environment. Various governments have found the consequences of this on excise duties - the margin over French duties hit a level at which the booze cruise was invented. The end result is that it becomes a race to the bottom.

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