Reply to post: Re: Think about it...

Five reasons why the Google tax deal is imploding

Lee D Silver badge

Re: Think about it...

I think you miss the point entirely.

Google has £100bn just sitting there. Earning interest. That money's already come and been taxed and been paid by the taxpayer. Google are just sitting on it. To tax it again doesn't hurt the consumer because it's ENTIRELY profit. Nothing else. Google have locked up BILLIONS of pounds of funds and are shipping them offshore, doing nothing with them. And they probably earn Google several percent interest which is a billion or two a year.

As tax, they could pay for roads, hospitals, police etc. rather than sitting as a number in a corporation account.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Biting the hand that feeds IT © 1998–2019