Google vice president Matt Brittin was called back to give evidence in front of the UK Parliament’s Public Accounts Committee (PAC) last week, after its members were unsatisfied with his responses in the November hearing alongside Amazon and Starbucks. PAC chairwoman Margaret Hodge accused the company of “doing evil” but many believe international tax rules are to blame for perceived aggressive avoidance.
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The UK’s Labour government has an unpopular prime minister, an unpopular chancellor and not a lot of good options as it prepares to deliver its autumn Budget
The streaming company’s operating income was $400m below expectations following the dispute; in other news, the OECD has released updates for 25 TP country profiles
If it gets pillar two right, India may be the ideal country that finds a balance between its global commitments and its national interests, Sameer Sharma argues
The controversial deal would ‘preserve the gains achieved under pillar two’, the OECD said; in other news, HMRC outlined its approach to dealing with ‘harmful’ tax advisers