DBpedia – Linked Data Fragments

Matches in DBpedia 2016-04 for { ?s ?p "'Google tax' is the popular term used to refer to a diverted profits tax, which is a legislative project in the United Kingdom. The aim, beginning in April 2015, is to impose a levy on company profits—excluding those of small and medium-sized enterprises—that are routed via \"contrived arrangements\" to tax havens. The term has similarly been applied to the Australian government's Multinational (Tax) Anti-Avoidance Law introduced in the May 2015 budget.The term has also been used to refer to a tax in Spain, introduced in 2014, that imposes a royalty charge on Google when its news site, Google News, uses material belonging to a Spanish publisher. Google's response was to cease collating such articles on Google News.The Confederation of British Industry (CBI) described the effort to impose taxation on diverted profits as \"a real concern for global business\". The UK's Google tax will be set at 25%, and will raise about £350m annually by 2017–18, according to UK Treasury estimates. Under the current draft of the Finance Bill 2015, multinationals will have to self-report diverted profits, then defend their actions. Chas Roy-Chowdhury, head of taxation at the Association of Chartered Certified Accountants (ACCA), said, \"It's a bit like reporting yourself to the police and then having to defend yourself.\"Amazon announced in May 2015 that it will start paying tax in the UK on British retail sales rather than booking sales through Luxembourg, this will mean the group will not have to pay the diverted profit tax."@en }

• Google_tax abstract "'Google tax' is the popular term used to refer to a diverted profits tax, which is a legislative project in the United Kingdom. The aim, beginning in April 2015, is to impose a levy on company profits—excluding those of small and medium-sized enterprises—that are routed via \"contrived arrangements\" to tax havens. The term has similarly been applied to the Australian government's Multinational (Tax) Anti-Avoidance Law introduced in the May 2015 budget.The term has also been used to refer to a tax in Spain, introduced in 2014, that imposes a royalty charge on Google when its news site, Google News, uses material belonging to a Spanish publisher. Google's response was to cease collating such articles on Google News.The Confederation of British Industry (CBI) described the effort to impose taxation on diverted profits as \"a real concern for global business\". The UK's Google tax will be set at 25%, and will raise about £350m annually by 2017–18, according to UK Treasury estimates. Under the current draft of the Finance Bill 2015, multinationals will have to self-report diverted profits, then defend their actions. Chas Roy-Chowdhury, head of taxation at the Association of Chartered Certified Accountants (ACCA), said, \"It's a bit like reporting yourself to the police and then having to defend yourself.\"Amazon announced in May 2015 that it will start paying tax in the UK on British retail sales rather than booking sales through Luxembourg, this will mean the group will not have to pay the diverted profit tax.".