Google to pay millions in back taxes to the UK

Today isn’t a good day for Google’s relationship with Europe. After a six-year inquiry by UK tax authorities and an open audit, BBC reported today that the company will have to pay £130 million (more than $185 million) back to the country. The final order was the result of many criticisms from within the country that major companies headquartered abroad weren’t paying fair taxes for their work within the UK. Google, for example, paid just £20.4 million in taxes despite raking in £3.8 billion in sales. Google will also have to change its accounting process to shift a more considerable proportion of sales to…

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