The Irish loophole behind Apple’s low tax bill
LONDON (Reuters) – Apple’s ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs.
A U.S. Senate investigation revealed on Monday that Apple, maker of iPhones, iPads and Mac computers, had channeled profits into Irish-incorporated subsidiaries that had “no declared tax residency anywhere in the world”.
Labour calls for country-by-country tax reporting
LONDON (Reuters) – The Labour party, tapping into widening public anger over corporate tax avoidance, wants the government to push for new international rules to force companies to report profit and tax payments country-by-country.
Campaigners say the move, which is receiving increased support internationally despite strong opposition from business, would deter companies from shifting profit into tax havens where they have no staff or sales.
Labour party calls for country-by-country tax reporting
LONDON (Reuters) – Opposition Labour party, tapping into widening public anger over corporate tax avoidance, wants the government to push for new international rules to force companies to report profit and tax payments country-by-country.
Campaigners say the move, which is receiving increased support internationally despite strong opposition from business, would deter companies from shifting profit into tax havens where they have no staff or sales.
UK opposition calls for country-by-country tax reporting
LONDON (Reuters) – Britain’s opposition Labour party, tapping into widening public anger over corporate tax avoidance, wants the government to push for new international rules to force companies to report profit and tax payments country-by-country.
Campaigners say the move, which is receiving increased support internationally despite strong opposition from business, would deter companies from shifting profit into tax havens where they have no staff or sales.
After Google, Amazon to be grilled on UK tax presence
LONDON (Reuters) – Internet retailer Amazon.com Inc. will be called back to the British parliament to clarify how its activities in the UK justify its low corporate income tax bill, two lawmakers told Reuters.
Amazon will follow search giant Google, which attended another grilling by parliament’s Public Affairs Committee (PAC) over its tax affairs on Thursday. A Reuters report earlier this month raised questions over Google’s earlier assertions that its UK-based staff don’t sell to customers.
MPs challenge Google’s ‘smoke and mirrors’ on tax
LONDON (Reuters) – Google Inc faced angry questions on Thursday from MPs investigating its tax affairs and whether it had misled parliament in testimony last year, adding fuel to a debate on taxation that has risen to the top of the UK political agenda.
Google’s Northern Europe boss, Matt Brittin, was called back to testify to parliament’s Public Accounts Committee (PAC) after a Reuters investigation showed the company employed staff in sales roles in London, even though he had told the committee in November its British staff were not “selling” to UK clients.
UK lawmakers challenge Google’s “smoke and mirrors” on tax
LONDON, May 16 (Reuters) – Google Inc faced angry
questions on Thursday from British lawmakers investigating its
tax affairs and whether it had misled parliament in testimony
last year, adding fuel to a debate on taxation that has risen to
the top of the UK political agenda.
Google’s Northern Europe boss, Matt Brittin, was called back
to testify to parliament’s Public Accounts Committee (PAC) after
a Reuters investigation showed the company employed staff in
sales roles in London, even though he had told the committee in
November its British staff were not “selling” to UK clients.
MPs find Google misleading on tax
LONDON (Reuters) – Google Inc faced angry questions on Thursday from MPs investigating its tax affairs and whether it had misled parliament in testimony last year.
Google’s Northern Europe boss, Matt Brittin, was called back to testify to parliament’s Public Accounts Committee (PAC) after a Reuters investigation showed the company employed staff in sales roles in London, even though he had told the committee in November its British staff didn’t sell to UK clients.
UK lawmakers find Google misleading on tax
LONDON, May 16 (Reuters) – Google Inc faced angry
questions on Thursday from British lawmakers investigating its
tax affairs and whether it had misled parliament in testimony
last year.
Google’s Northern Europe boss, Matt Brittin, was called back
to testify to parliament’s Public Accounts Committee (PAC) after
a Reuters investigation showed the company employed staff in
sales roles in London, even though he had told the committee in
November its British staff didn’t sell to UK clients.
Google to face MPs again over tax
LONDON (Reuters) – Google Inc faces another grilling over its tax affairs from a committee of MPs on Thursday who have called the company back after questions were raised about testimony given in an earlier hearing.
Corporate tax avoidance has become a major issue in Britain, where there are concerns over rising government debt and accusations from MPs that the UK tax authority has adopted a light touch approach to taxing big businesses.

