You know your in a weak stock when GOOG steals patents to make their billions and doesn't want to settle in court to VRNG. Then they are not paying their taxes and now. What a fraud company. GOOG going down really soon!
Sentiment: Strong Sell
I totally agree GOOG is stealing by not paying taxes and stealing by not wanting to settle with VRNG on the patents it uses that has made it billion over the years. GOOG's do no evil is all a bunch of BullShet! They robs others and thing they are better. JJ will stump them in the ground soon on the VRNG case! GOOG suks!
Sentiment: Strong Sell
The distinction is crucial because if deals were finalised by London-based staff, Google could be deemed to have made profits on the contracts which would be taxable in Britain, rather than low-tax Ireland. “It uses a concocted scheme to avoid tax. It’s a smoke-screen to distort where the substance of its economic activity is really taking place,” Jones told The Sunday Times.
He said he attended meetings where Google’s London sales staff closed deals, including winning contracts from eBay, the online auction site, Kelkoo, a price comparison website, and Lloyds TSB. He showed The Sunday Times contracts, invoices and correspondence between Google and its customers in Britain. One 2004 contract had the address of Google’s London headquarters next to the heading. Clients would be sold deals by Google staff in London, who were in charge of sending out contracts and receiving signed documents back from clients. In addition, British clients paid money into British bank accounts for Google services.
"...Although Google’s London sales staff would negotiate and sign contracts with British customers, and cash was paid into a UK bank account, deals were technically booked through its Dublin office to minimise its liabilities here. Jones, a devout Christian and father of four, is ready to hand over a cache of more than 100,000 emails and documents to HM Revenue & Customs (HMRC), detailing the “concocted scheme”.
Dope Cartel: sells dope to users, books proceeds through some Pizza joint front called Irish Pizza?
... or all all the internet corps doing it?
A FORMER Google executive has blown the whistle on a massive and “immoral” tax avoidance scheme that has “cheated” British taxpayers out of hundreds of millions of pounds over the past decade.
Barney Jones, 34, who worked for the internet search giant between 2002 and 2006, has lifted the lid on an elaborate structure which diverts British profits through Ireland to the Bermuda tax haven.
Although Google’s London sales staff would negotiate and sign contracts with British customers, and cash was paid into a UK bank account, deals were technically booked through its Dublin office to minimise its liabilities here. Jones, a devout Christian and father of four, is ready to hand over a cache of more than 100,000 emails and documents to HM Revenue & Customs (HMRC), detailing the “concocted scheme”
it is not just GOOG,it is MSFT,AMZN,SBUX as well
I can just hear SBUX said-we are just making coffee,not drnking them
15-20% is possible what ive read so far is this is way beyond the double dutch irish stuff thst is legal
We hve overt fraud here
And lies and cover up to rape the uk
Warned peolple that all parabolic moves are followed by crashes
Goog pcln nflx no diffrence
This is dead serious
At 700 bucks this is still a massive short
Going back to 300
Already know dozens of people sick of big brother google and theor tracking tactics