Deidre Brock MP

Member of Parliament for Edinburgh North and Leith

BROCK CALLS FOR A FAIR DEAL FOR ALL TAX PAYERS – RENEWS CALLS FOR EU INVESTIGATION INTO GOOGLE TAX DEAL

Deidre Brock MP has called for the same tax rules to apply to all businesses following the HMRC's £130million settlement of back tax for Google.

As the SNP Member of the Public Accounts Committee, Ms Brock took evidence from the Chief Executive of HMRC Dame Lin Homer and President of Google Europe Matt Brittin over the recent tax settlement, which followed a six year investigation by HMRC into concerns that Google were not paying its share of tax fairly.

Despite a full committee session the deal remains shrouded in secrecy.

Ms Brock said

"The Google deal was paraded as some sort of victory for George Osborne but it's an insult to all the small businesses and individuals who pay what they are due. We still don't know how Google and HMRC came to this deal and we should know how it was done so we can know that no-one is getting a sweetheart deal.

"People who run small businesses are asking why a big corporation should be treated differently. If a corner shop owner didn't pay their taxes, would they be rewarded with a discount deal ten years later?

"Most people are bewildered by the £130 million settlement for Google. No-one seems to know Google's tax rate – neither Google nor HMRC. It looks like big corporations are on another planet, playing by different rules to everyone else. If this is all that was owed, why can't we see the sums? We need greater transparency over this deal so we can be re-assured that HMRC are acting fairly.

"To add insult to injury, the Chief Executive of Google just awarded himself £138million in shares – more than 10 years of tax paid to the UK. It's no wonder people are furious.

"The EU has promised that any complaints would be looked at properly – it's time now for the Commission to open an investigation."

NOTES

The Public Accounts Committee took evidence on corporate tax deals from Google and HM Revenue and Customs (11/2/16)

http://www.parliament.uk/business/committees/committees-a-z/commons-select/public-accounts-committee/news-parliament-2015/corporate-tax-deals-evidence-15-16/

Reports of the shares pay-out to Google's Chief Executive:  http://www.hrgrapevine.com/markets/hr/article/2016-02-09-google-ceo-made-more-in-a-day-than-company-owed-in-uk-taxes

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Friday, 17 August 2018

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