[governance] Re: Telecom TV on Google and Taxes

[Carlos A. Afonso]

I think McTim does not need to take such a staunch defense of an 
incredibly powerful organization such as Google. On the other hand, the 
recent exchange shows the obvious -- big transnationals excel at 
"optimizing" tax obligations. My point continues to be: what should our 
tactics be regarding this complex issue? How to approach governments? Do 
they really care? etc etc

frt rgds

--c.a.

On 12/13/2012 11:31 AM, McTim wrote:
> On Thu, Dec 13, 2012 at 8:23 AM, Louis Pouzin (well) <pouzin at well.com> wrote:
>> When an industry gets subsidies, like Boeing or Airbus, it's fiscally legal,
>> except that each one, or their govt, may sue the other for unfair
>> competition, usually in the WTO.
>>
>> When Google doesn't pay taxes
>
>
> but they do pay taxes.  Just not as much as some would like.
>
> Who is to say what is fair?  the IGC?
>
>
> , it's de facto subsidies, and unfair
>> competition towards any non US business trying to compete with Google. It's
>> actually double subsidies. Indeed subsidies are usually paid by govt wanting
>> to help their national industry. In Google's case it's paid by govts (read
>> taxpayers) in non US countries. Isn't scam ?
>
> International tax treaties allow such behavior, which we may agree is
> sub-optimal for a number of reasons, but it is still legal.
>
>

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