So tax tweeps: the Times is reporting (with good reason) that the Google Deal is not affected by the Google Tax...
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Replying to @JolyonMaugham
...no one is suggesting that the Google Deal is on the basis of Google having a UK PE and everyone is clear that the deal is cost plus ...
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Replying to @JolyonMaugham
... except for this statement in the Irish Times delivered by a spokeswoman for Google (Ireland, we assume)...pic.twitter.com/09RYIKS98M
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Replying to @JolyonMaugham
... that's a polite way of telling the Irish we Google are going to pay you less tax (http://www.irishtimes.com/business/economy/google-to-pay-less-tax-in-ireland-on-british-profits-after-deal-1.2508797 …) but what does it mean for...
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Replying to @JolyonMaugham
... the UK deal: a blend of cost+ and revenue-? Is there *any* principled basis for such a deal? Or is it a cheap way of buying a PR coup?
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Replying to @JolyonMaugham
@JolyonMaugham Yes that’s what bugs me - how does this work?3 replies 0 retweets 0 likes -
Replying to @MForstater
@JolyonMaugham - Unless it means Google has changed its fee structure to Google UK - so it’s cost + with a bonus for volume1 reply 0 retweets 0 likes -
Replying to @MForstater
@MForstater such a fee structure might well jeopardise UK's claim not to be a PE.1 reply 0 retweets 0 likes -
Replying to @JolyonMaugham
@JolyonMaugham I dunno (obviously) but makes some sense given UK ‘sales’ role -they don’t negotiate prices but encourage higher budgets3 replies 0 retweets 0 likes
@JolyonMaugham I.e. As a biz G-UK has no control over the margin on sales, only on volume - so that’s how they are incented
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