Saturday April 4, 2020

Google to pay €170 million settlement following British tax probe

Tech giant to cover taxes going back over a decade

23rd January, 2016
Google pays up Pic: Getty

Google parent Alphabet has agreed to pay €130 million in a tax settlement with British authorities after the company came under scrutiny over how much it pays on its profits in Europe.

The web giant will adopt a new approach for British taxes and the settlement covers taxes going back to 2005, the company said in an e-mailed statement Friday.

Alphabet, which owns the Google search engine, has been criticised for paying a fraction of the...

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