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shared by Hye Rin Bae on 29 Aug 11 - No Cached

Dr Eric Schmidt said Google would be willing to pay higher taxes.
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The technology giant has come under heavy fire for using tax laws to avoid paying a more
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The technology giant has come under heavy fire for using tax laws to avoid paying a more significant level of corporate tax in the past.
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tax in the past.
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significant
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level of
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corporate
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Mr Schmidt told the Edinburgh Television Festival yesterday that Google "loves" Britain and would pay more tax if it were legally required to do so. He said the company's hands were tied by Britain's low tax demands.
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"It is true we could pay more tax but we would have to do so voluntarily. It's called paying the legally minimum amount of tax required," he said.
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Mr Schmidt's comments come after months of
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surrounding the UK's corporate tax system, which has seen campaign group UK
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controversy
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target high street chains including Vodafone, Boots and Barclays.
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