Quantcast

Turkey Asks Google For $47 Million In Taxes

Rejects based-in-Ireland argument

Get the WebProNews Newsletter:
[ Business]

It seems that Google’s accounting practices may not be quite in line with accepted Turkish procedures.  In fact, Turkey’s government has determined that the search giant owes it a little over $47 million in unpaid taxes.

Google LogoRobin Wauters wrote earlier today, "Local media reports (links in Turkish) teach us that the Turkish government claims it is entitled to additional taxes because of the fact Google operates its online advertising in the country and even boasts offices and a registered subsidiary there while bills and payments originate from Ireland."

Wauters later continued, "Google, which is [the] market leader in search and online advertising in Turkey, has unsurprisingly countered these claims saying that it runs its ad network operations from Ireland . . . .  Google said it is acting in accordance with the tax laws of every country in which it operates, including Turkish laws, and that its negotiations with the government on this issue are ongoing."

Still, whether Google is or isn’t obeying the letter of the law, the odds aren’t exactly in its favor.  After all, YouTube’s been blocked in Turkey for almost a year and a half just because a few user-generated videos claimed that the country’s founder was gay, so the Turkish authorities have demonstrated a real ability to misplace blame and hold a grudge.

Google’s market cap, by the way, is $170 billion, so $47 million at least wouldn’t represent any sort of deathblow.

Related Articles:

> YouTube Faces Formal Complaints In Germany

> Google Puts Analysts’ Targets, Recession In Rearview Mirror

> Google Caught In Another Patent Dispute

Turkey Asks Google For $47 Million In Taxes
Top Rated White Papers and Resources
  • Daz

    All This Talk Of Google – Stock – And You Get Everyone Trying To Get A Slice – Its A Shame Turky Is Not As Creative With Its Own Comerce – Google Made There Business – With Good Business Modle – Its A Shame Goverments And Banks Ant As Sharp – O And Think Cisco And Oil Guna Surge

  • Join for Access to Our Exclusive Web Tools
  • Sidebar Top
  • Sidebar Middle
  • Sign Up For The Free Newsletter
  • Sidebar Bottom