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Google now pays more money in EU fines than it pays in taxes

computing.co.uk

11–20 of 91 posts

Re: Google now pays more money in EU fines than it pays in taxes

#11

Earlier quoted context omitted.

Works for me. If Google is happy to avoid taxes however they can, we should be extracting as much out of them as we can in other ways, such as fines. Not sure why we should be content with them not giving a shit about anything but themselves. Companies like Google only act out of pure greed. They don't respond to "positive reinforcement" and "education". They know perfectly well how to pay more in taxes, it's the def…

What we need is to have this things move faster, if Google, FB or other company does some illegal stuff or abuses the users, reach a decision fast(in a few weeks) not in years.

As much as I hate the painful wait to see action on these fronts, I understand the desire to be careful and cautious before potentially irreparably destroying a business. But the penalties need to affect the decisionmakers personally. If Sundar Pichai was risking jail time to abuse Google's power, you'd better believe it wouldn't happen.

Re: Google now pays more money in EU fines than it pays in taxes

#17
post #16

This is hardly surprising given Google's tendency to evade taxes and exploit loopholes in taxation of international corporations.

Do they evade taxes or just avoid them?

Did you have sex with that lady, or did she just give you a blow job?

Re: Google now pays more money in EU fines than it pays in taxes

#18

This is hardly surprising given Google's tendency to evade taxes and exploit loopholes in taxation of international corporations.

So if Google paid more taxes than necessary (legal loopholes), there would be no fines (for bad privacy etc.)? That sounds wrong.

I don't support the legal tax loopholes but don't think there should be much relation between legal taxes and fines for bad practices (unless ofcourse the bad practice is illegal tax evasion).

Re: Google now pays more money in EU fines than it pays in taxes

#19

Earlier quoted context omitted.

What we need is to have this things move faster, if Google, FB or other company does some illegal stuff or abuses the users, reach a decision fast(in a few weeks) not in years.

As much as I hate the painful wait to see action on these fronts, I understand the desire to be careful and cautious before potentially irreparably destroying a business. But the penalties need to affect the decisionmakers personally . If Sundar Pichai was risking jail time to abuse Google's power, you'd better believe it wouldn't happen.

It is complicated, imagine EU putting some american CEO in prison.

Re: Google now pays more money in EU fines than it pays in taxes

#20
post #4

At the end of the day, Google probably doesn't differentiate the two very much as they're both costs of doing business. I would expect Google to work in its interest to reduce these impositions (taxes, laws+fines, etc) where they can, but we shouldn't pretend the punitive value of fines is more than a cost calculation to them. We also shouldn't pretend that the EU justification for fines is purely about citizen prote…

[The EU] see this as a "tax" as well

Fines imposed by the EU go straight to the EU commission itself. Tax doesn't.

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