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Google to Pay More Tax in Britain

The British government says it will force multi-national companies such as Google to pay more in tax. Draft legislation Wednesday for the so-called Google Tax details a 25 percent tax on multinational corporations that tend to move profits generated in Britain to tax havens. Managing director of tax advisory firm Taxand UK, Jonathan Hornby, told The Wall Street Journal the new tax may violate existing tax treaties. Specifically, he mentioned treaties that aim to protect multinational...

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