trending Market Intelligence /marketintelligence/en/news-insights/trending/rV0qwsYdIdkRUTW_vzZuXA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Google CEO defends company's tax practices

Blog

Broadcast deal market recap 2020 – relatively good results in a challenging year

Blog

Cloud Maturity and Cloud Skills: Moving Up the Learning Curve

PODCAST

Episode 4 – COVID-19 Impact in 2020

Blog

LCD Case Study: Using Leveraged Loan Data to Assess a Bank’s Portfolio Risk


Google CEO defends company's tax practices

GoogleInc. CEO Sundar Pichai defended the company's tax practices inEurope, amid a number of probes the Alphabet Inc. unit is facing within the EU, AFP reportedJuly 17, citing Welt am Sonntag.

Pichai reportedly said Google is pitted "between theconflicting priorities of international tax law," adding that most globalfirms pay the majority of their taxes in their home countries.

The U.K.'s recent decision to leave the EU will alsoreportedly pose further challenges to the company, since Google is banking on adigital single market for the continent.

Earlier in July, Spanish policesearched Google'sMadrid offices following a tax investigation, just barely months after asimilar raid on thecompany's Paris hub in France.  

The European Commission also recently a new antitrust charge againstGoogle, for allegedly locking out rivals from its online search advertisingplatform AdSense for Search.