Google paid just £11.6m in UK corporation tax last year, despite revenues of £506m and a £36.8m profit, according to documents filed at Companies House.
What’s the corporation tax rate (for last year, obviously)? 26% or something?
Umm, I’ve got a 31% tax rate there, 11.6 on 36.8.
So the complaint is that Google paid above the statutory rate or something?
What am I missing here? Or are they really being that dumb?