Google tax policy is ‘just capitalism’

Google tax policy is ‘just capitalism’

Eric Schmidt, the head of Google, has shrugged off criticism that his company pays only a fraction of its tax bill, saying it’s “just capitalism”. He also challenged the British Government to change the law or stop complaining.

Speaking at Hay-on-Wye literary festival yesterday, the executive chairman of the world’s biggest search engine said: “It is normal to do what Google is doing. It is up to the Government to change it.”

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