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BBC Radio 4

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Insight, analysis and expert debate as key policy makers are challenged on the latest news stories. From BBC Radio 4's Today programme

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Google agrees to pay back taxes of £130 million to the Government

January 23rd, 2016

Episode 802 of 1333 episodes

Shadow chancellor John McDonnell said the 130m Google tax deal struck by HMRC is "relatively trivial" for the company. Speaking to the Today programme, he said that it “looked like another sweetheart deal” and called on HMRC and the Treasury to release details of the agreement. Shadow chancellor John McDonnell told presenter Sarah Montague that one analysis has put the tax rate paid by Google over the 10 years covered by the deal as three percent, “which I think is derisory”. BBC's Economic Editor Kamal Ahmed said "Google is trying to get some first move advantage by getting this deal with HMRC" (Image: Google building Credit: Reuters/Stephen Lamb)

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