Begs the question, so what exactly does the Google UK office actually do again?!
Google "operates" in the UK, the second biggest market for advertising revenue yet manages to book their profits in Ireland because that's where their sales are "signed". Yet even that Dublin office has no profit as they have expenses to pay to the tune of billions in IP to a patent-holding Google subsidiary in Bermuda.
This must me a wake up call to quite a lot of people. It used to be that it was only poor countries that got shafted by foreign corporations (e.g. Dow Chemical, Bhopal disaster in India). Now, it's -gasp- happening to us too!
Google "operates" in the UK, the second biggest market for advertising revenue yet manages to book their profits in Ireland because that's where their sales are "signed". Yet even that Dublin office has no profit as they have expenses to pay to the tune of billions in IP to a patent-holding Google subsidiary in Bermuda.
This must me a wake up call to quite a lot of people. It used to be that it was only poor countries that got shafted by foreign corporations (e.g. Dow Chemical, Bhopal disaster in India). Now, it's -gasp- happening to us too!