THE aggressive tax planning has
earned brickbats for Google. As per media reports, a Member of the Treasury
Select Committee has termed the payment of six million pound on a total
turnover of 395 mn pound as 'entirely improper and immoral'.
Public
criticism has grown in decibel after it was revealed that the Google undertook
a series of transactions to move its money into the well known tax haven
Bermuda and paid minimal tax in the UK. A signature campaign launched four
days back has collected 45000 signatures seeking 'fair share' from Google
to the exchequer.
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