Re:Google now pays more money in EU fines than it pays in taxes
by ocdtrekkie on Wednesday February 06, 2019 @01:31PM
(#19098100)
I was merely suggesting the "more fines than taxes" bar in this article was artificially low because of their artificially low tax rate.
Note that I am fully in support of the EU's fines for both Google's antitrust violations and their privacy abuses, and agree that they should have no bearing on taxation.
Re:Google now pays more money in EU fines than it pays in taxes
by hcnews on Wednesday February 06, 2019 @03:45PM
(#19099710)
This version of statement I can agree with (since its just facts).
The original statement didn't read anything close to this imho :-)
Re:Google now pays more money in EU fines than it pays in taxes
by chriswarbo on Wednesday February 06, 2019 @01:14PM
(#19097900)
> So if Google paid more taxes than necessary (legal loopholes), there would be no fines (for bad privacy etc.)? That sounds wrong.
I doubt there would be no fines; but if Google were paying a "fair" amount of taxes then there would be less of an adversarial relationship with governments: huge fines would be like harming the goose that lays golden eggs.
With Google's current tax avoidance/evasion they're just a regular, tasty-looking goose.
I don't support the legal tax loopholes but don't think there should be much relation between legal taxes and fines for bad practices (unless ofcourse the bad practice is illegal tax evasion).