Google Defends Low Tax Paid In United Kingdom: Google executive framework, the U.S. firm has nothing to be ashamed of the weakness of tax paid in the UK, about 6 million pounds.
The leader of the U.S. giant believes the company also helps to generate billions of pounds through its advertising network and e-commerce development economic growth factor in the UK.
Authorized By Law Practices:
“I think the most important thing to say about our taxes is something that we comply fully with the law and we obviously continue to do so if the law were to change” said Eric Schmidt.
The line of defense therefore remains unchanged Google despite multiple defendants including the UK.
Eric Schmidt explained in 2012 that, simply make use of the possibilities offered by states.
For him, Google is not only a legal but in addition it complies by the rules of capitalism.
And capitalism, Eric Schmidt adheres without reservation.
“We are proud to be capitalists. I have no question about it” he also commented.