Google to pay millions in British back taxes as criticism mounts worldwide

SAN FRANCISCO — Google will pay about $140 million in British back taxes in a concession driven by a shift in how the Internet company will measure its success in the UK. The amount translates into 130 million pounds.
The accord, disclosed Friday, comes amid mounting criticism that Google and other major U.S. companies have been scrimping on their tax bills with a variety of accounting maneuvers that have rankled governments around the world.

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In the UK, for instance, Google has been facing accusations that it hasn't been paying its fair share of taxes in a country that represents its second largest market outside the U.S. Similar complaints have been leveled against Facebook, Amazon.com and Starbucks. Read more...
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