The Public Accounts Committee (PAC) rejected Google’s earlier claims of selling no advertising from London, saying that it has been told that the vast majority of sales activity still takes place in the country.
The chairman of the committee Margaret Hodge said the British Prime Minister David Cameron should demand the company to pay its fare share of tax on its UK profits and added he should tackle the issue first at home and then internationally.
“I want him to toughen up HMRC, I want him to simplify the code, I want him to have greater transparency about what happens,” Hodge said.
According to reports, Google generated £11.5 billion in revenue from the UK between 2006 and 2011 and it only paid £10 million in UK corporate taxes in the same period.
Earlier last year, Business giants Starbucks, Google and Amazon were found guilty of dodging millions of pounds in tax in Britain.
It is estimated that the corporate tax evasion is costing the UK economy something between 45 to 90 billion pounds a year, meaning that it is practically undoing all austerity measures as well as widening the gap between the rich and the poor in the British society.
MOS/HE
Source Article from http://www.presstv.ir/detail/2013/06/13/308814/uk-mps-urge-hmrc-to-investigate-google/
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