Google agrees to pay HMRC £130m in back taxes

Firm will pay back a decade’s worth of taxes and bear greater tax burden in future to compensate for underpayment of UK taxesGoogle has agreed a deal with HMRC to pay £130m in back taxes and bear a greater tax burden in future, the company has confirmed.The deal will cover a decade of underpayment of UK taxes by the firm, which has been criticised in the past for its tax avoidance policies. Continue reading...