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by Xixi 2361 days ago
Maybe they are starting to see the writing on the wall: if they keep hiding their profit away, governments are eventually going to tax them on their revenues, regardless of profit. Or based on worldwide profit rather than local profit. That's what France is starting to do, and what the EU is looking very closely at.

I could imagine the US following through: the idea that rich megacorps should pay taxes is not particularly unpopular. And if you can't tax profit, then you have to tax something else...

1 comments

Google actually does this a lot already. It's a very minor thing, but pay attention to the text when signing up for Google services in various countries (cloud, ads, play, etc...), and who you are actually paying your money to. Much of the time, you aren't paying to Google Inc.

You can poke around this page to see the different companies (at least around taxes for Ads): https://support.google.com/google-ads/answer/2375370?hl=en

Ex: Australia is "Google Australia Pty Limited". Japan is "Google Japan G.K.".