?Google users not bothered by search giant?s tax controversy?, says UK Chief

London, Jan 16 : Google users are not bothered by the company's controversial tax arrangements, the company's UK chief has claimed.

The search giant has come under fire from politicians and lobby groups after it emerged that the web search giant paid just six million pounds corporation tax, despite notching up 2.5 billion pounds of sales in the UK.

According to the Telegraph, Dan Cobley, managing director in the UK and Ireland, told a conference in London that the recent furor over the minimal amount of tax the company pays in Britain has done little to deter people from using its services.Cobley added that the company paid all the taxes it is required to in the UK, and makes a `massive contribution in many other ways'.

He said that but Google has an obligation to its shareholders not to pay more tax than is "appropriate for our business", the report said.The company managed to halve its global tax bill by funelling 9.8 billion dollars of revenues from its international subsidiaries through Bermuda, the report added.

Margaret Hodge, chairman of the Public Accounts Committee, accused Google of behaving `immorally' by not paying more tax.However, the business, whose motto is "Don't be evil", has vehemently denied any wrongdoing, the report added. (ANI)

Source: http://topnews.in/google-users-not-bothered-search-giant-s-tax-controversy-says-uk-chief-2370365

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