But now Google has really pulled a fast one. Revelations this week show that it paid just £11.6m to the Treasury, despite generating $5.5bn (£3.4bn) income in the UK alone. This figure is £666m less than would have been paid at the full 20% corporation tax rate – that’s enough to pay for 22,000 nurses or to pay for jobseeker’s allowance for 220,000 people for a year.
The Guardian offered a slot to a UK Uncut bod who then goes on to claim that corporation tax is paid upon turnover?
Is The G now in league with the Mail or something? Plotting to make the teenage Marxists look even more stupid than they are?