Financial Times - Britse Google-belasting raakt multinationals lyrics

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Financial Times - Britse Google-belasting raakt multinationals lyrics

George Osborne's crackdown on companies “that go to extraordinary lengths” to cut tax bills will impose a new charge on multinationals that make “inflated” payments to tax havens. Under draft legislation to be published on Wednesday, the new “diverted profits tax”, unofficially dubbed the ‘Google tax', is designed to side step Britain's treaty obligations by introducing a new charge that would fall outside the corporate tax system.