If Google has a £1bn UK HQ will it pay any more tax here?

Posted on

The FT reports this morning:

Google has completed a £1bn deal to build a new UK headquarters on 2.4 acres of disused land behind King’s Cross Station, underlining the global technology industry’s commitment to London.

So, Google is building a fancy new HQ here.  But  does that mean it will be making any sales here in future when they're all recorded in Ireland right now? And does that mean that they might pay tax in the UK on all the profits arising here? Or is it really the case that this is just a way of getting rid of part of the near $10 billion they put into Bermuda in 2011

My bet is on the latter.