Google pays tiny corporation tax

GoogleThe Irish wing of Google has only paid the taxman 28.6 million Euro although its turnover amounted to 18.3 billion Euro last year.

That’s according to Irish newspaper The Journal, which said accounts for Google Ireland Limited pushed a third of the $66 billion of revenues that Google generated worldwide.

The Journal said that 2,763 people work for the Google subsidiary, with two thirds of them working in sales and marketing.

But Google, in its defence, said it has invested half a billion Euro in Ireland on buildings and is building a 150 million Euro data centre outside of Dublin.

The European Commission is currently investigating both Google and Apple for siphoning funds to tax havens.

The EC is also investigating whether the Irish government set up a deal with Google so it avoided having to pay very much tax at all.