You would have heard a lot of cases of Google banning Adsense accounts citing the reason to protect their publishers from any type of fraud. But you will get astonished when you will learn that Google has not paid any tax on its £1.6 billion advertising revenue in Britain last year. This news was published in a leading news paper the Sunday Times.

How much tax they evaded and how they did it: They haven’t paid tax amounting to £450 million in corporation tax to HM Revenue & Customs in 2008. Actually Google diverted all its earnings from advertising received from customers in Britain to its subsidiary in Ireland.

Citing accounts filed with the Companies House in the past week, the daily said, “Google’s 2008 UK corporation tax bill amounted to just £141,519 and that was tax on the interest generated by its cash pile in UK bank deposits.”

The deputy leader of the Liberal Democrats, Vince Cable, has urged Google to “pay its fair share” of tax. “Google’s reputation will be severely damaged if it continues to behave in this way. It is ducking its social responsibility,” Cable said.

Yes Google must pay its taxes because they always try to showcase themselves as the president of fair business practices and ethics, now it’s their turn to prove themselves.

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