Reply to post: Re: So are they breaking the law or not?

Five reasons why the Google tax deal is imploding

Lysenko

Re: So are they breaking the law or not?

>>Because Google is such a small company that they *need* to use those >>rules

No, its because Google is a publicly traded company and it *needs* to maximise profits (and therefore minimise taxes) in order to discharge its legally binding fiduciary duty to its shareholders.

You can trade off a higher tax payment against intangible goodwill but in the final analysis the deal has to pan out in the accounts as more value for Google shareholders.

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