{"id":22672,"date":"2013-10-11T07:51:25","date_gmt":"2013-10-11T06:51:25","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=22672"},"modified":"2013-10-11T07:51:25","modified_gmt":"2013-10-11T06:51:25","slug":"google-the-abuse-goes-on","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/10\/11\/google-the-abuse-goes-on\/","title":{"rendered":"Google: the abuse goes on"},"content":{"rendered":"<p>As the <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/89acc832-31cc-11e3-a16d-00144feab7de.html#ixzz2hOST0752\" target=\"_blank\">FT report this morning<\/a>:<\/p>\n<blockquote>\n<p data-track-pos=\"0\">Google\u00a0funnelled \u00e2\u201a\u00ac8.8bn of royalty payments to Bermuda last year, a quarter more than in 2011, underlining the rapid expansion of a strategy that has saved the US internet group billions of dollars in tax.<\/p>\n<p data-track-pos=\"1\">By routing royalty payments to Bermuda,\u00a0Google\u00a0reduces its overseas tax rate to about 5 per cent, less than half the rate in already low-tax Ireland, where it books most of its international sales.<\/p>\n<\/blockquote>\n<p>The abuse goes on.<\/p>\n<p><a href=\"http:\/\/www.taxresearch.org.uk\/Blog\/2009\/04\/19\/googles-tax\/\" target=\"_blank\">This story has come a long way since I did the first review of Google's tax for a newspaper in 2009<\/a>.<\/p>\n<p>But the abuse still goes on. And that's why international tax reform has to remain on the political agenda.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the FT report this morning: Google\u00a0funnelled \u00e2\u201a\u00ac8.8bn of royalty payments to Bermuda last year, a quarter more than in 2011, underlining the rapid expansion<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2013\/10\/11\/google-the-abuse-goes-on\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77,10],"tags":[],"class_list":["post-22672","post","type-post","status-publish","format-standard","hentry","category-bermuda","category-tax-avoidance"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/22672","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=22672"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/22672\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=22672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=22672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=22672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}