Turkey Claims Google Owes Them $47 Million In Back Taxes
TechCrunch reports Turkey is claiming Google owes them 71 million Turkish Lira or 47 million US dollars in back taxes. In fact, the Turkish government is fining Google for the money. Google claims all the funds are through their Ireland branch and Google does not owe Turkey any taxes. Google technically has a company in […]
Barry Schwartz on November 3, 2009 at 10:30 am | Reading time: 1 minute
TechCrunch reports Turkey is claiming Google owes them 71 million Turkish Lira or 47 million US dollars in back taxes.
In fact, the Turkish government is fining Google for the money. Google claims all the funds are through their Ireland branch and Google does not owe Turkey any taxes. Google technically has a company in Turkey named Google Reklamcılık ve Pazarlama Ltd. Şti. but the company is technically set up as a ‘liaison’ branch. If set up properly, TechCrunch reports Google would owe little to no taxes to the Turkish government.
Two years ago, Norway complained that Google was evading taxes in their country.
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