Pretty cool to read @CIOTNews's explainer on how Google is taxed. Cites @MForstater as wellhttp://www.tax.org.uk/media-centre/blog/technical/how-google%E2%80%99s-tax-bill-calculated-and-other-questions-and-answers-about …
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@SoongJohnston@CIOTNews@MForstater interesting, but this focuses on attrib of income b/w UK-US vs UK-IE. UK-IE is the controversy.
@ryanmfinley @SoongJohnston @CIOTNews I think its a red herring https://hiyamaya.wordpress.com/2016/01/28/how-much-does-it-matter-where-google-books-its-sales/#comments … Not much profit in Ireland @AislingTax
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@MForstater@ryanmfinley@SoongJohnston As principal entrepreneur Ireland books all RoW sales which flow out via non arms length royalty. -
@MForstater@ryanmfinley@SoongJohnston So not entirely a red herring. If we TPd the royalty it might be, but we don't. - 3 more replies
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@MForstater@SoongJohnston@CIOTNews@AislingTax Curious why you say not much profit. 10-K says US & IE are its only major tax jurisdictions -
@ryanmfinley@MForstater@SoongJohnston@CIOTNews For 10-K (& crucially sub part F) purposes, Bermuda IPco is "Irish". Incorporated here. - 8 more replies
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@MForstater@SoongJohnston@CIOTNews@AislingTax I'm mean the attribution of profit across jurisdictions, not who books the sales.Thanks. Twitter will use this to make your timeline better. UndoUndo
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