Taxing multinationals, and the public accounts committee: is there a place for common sense?
Following the sessions of the public accounts committee with Google and the HMRC, many commentators remain uncomfortable that US multinationals with significant UK operations can legitimately claim not to be taxable in the UK. The committee itself was clearly puzzled that evidence given to it by ‘whistleblowers’ did not fatally undermine Google’s own position. Answering […]