23/01/2016

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:00:20. > :00:27.Good afternoon. The Shadow Chancellor, John McDonald

:00:28. > :00:31.says that the ?130 million that Google agreed to pay in tax is

:00:32. > :00:35.trivial, compared to what he believes that the company should

:00:36. > :00:40.have paid. It follows an inquiry covering the past ten years. Google

:00:41. > :00:46.says it wants to ensure it pays the right amount of tax. Here is our

:00:47. > :00:51.Business Correspondent. It has almost a monopoly on internet

:00:52. > :00:59.everyone is but the tax affairs also dominated Google's life.

:01:00. > :01:02.Now it is completed a ?130 million deal to pay British Corporation Tax

:01:03. > :01:08.dating back ten years. For some, though, it is not enough.

:01:09. > :01:12.I have been campaigning on the issue for 15 years, pressing for action.

:01:13. > :01:17.So this is too little too late. At least we have something but it looks

:01:18. > :01:23.as though what independent assessors have said, this is paying about 3%

:01:24. > :01:27.of tax. Most corporations are paying 20%. Ordinary individuals are paying

:01:28. > :01:31.more. Most people will think it unfair.

:01:32. > :01:36.Google enjoyed sales of ?4. 6 billion in the UK in 2014, under

:01:37. > :01:42.normal circumstances companies would have paid 21% tax on profits. But

:01:43. > :01:48.Google rules sales via Ireland and on to the Caribbean, so pays less

:01:49. > :01:52.each year than the ?130 million tax deal to cover a decade of accounts.

:01:53. > :01:58.Does Google accept it had been paying too little? We were applying

:01:59. > :02:04.the rules as it were, that was then, now we are applying the new rules so

:02:05. > :02:10.that is more tax. The Chancellor who introduced the

:02:11. > :02:12.so-called Google tax, to clamp down on tax avoidance was satisfied with

:02:13. > :02:17.the deal. When I was the Chancellor, there

:02:18. > :02:21.were some paying little or no tax. We have taken action, now we have

:02:22. > :02:26.companies paying tax. I want the message to go out that the taxes are

:02:27. > :02:31.low but have to be paid. I expect more companies to follow suit.

:02:32. > :02:35.The spotlight is on other large companies, such as Amazon and

:02:36. > :02:41.Starbucks. Facebook paid ?4,000 on tax corporation last year, it may

:02:42. > :02:47.take a while to close the book on creative tax arrangements.

:02:48. > :02:54.Live now to Davos to Kamal Ahmed. Kamal, some say this is unfair and

:02:55. > :03:01.peanuts? Well, certainly for Google, it is a company that makes billions

:03:02. > :03:05.of pounds of profit each year. ?130 million is certainly not going to

:03:06. > :03:11.put much of a dent in that. I think this is more of a debate about

:03:12. > :03:15.global tax rules. Frankly, Google has not done anything illegal, nor

:03:16. > :03:19.have any of the other companies that have had controversy about their tax

:03:20. > :03:24.affairs, Amazon and Facebook. It really is up to the politicians to

:03:25. > :03:29.change the rules, if they want to ensure that companies like Google,

:03:30. > :03:36.like Facebook, like Amazon, like Starbucks pay more tax in the UK.

:03:37. > :03:40.Google certainly believes, and HMRC, the tax authority, say that they are

:03:41. > :03:44.correct, that they pay the correct amount of tax given the present tax

:03:45. > :03:50.rules. This is an American business paying the majority of its tax in

:03:51. > :03:55.America. Not in the UK. So it is up to the politicians to make changes

:03:56. > :03:58.there. John McDonald, the Shadow Chancellor is asking for details to

:03:59. > :04:03.be published. I spoke to George Osborne, he does not want it to

:04:04. > :04:07.happen. Saying that confident shalt of tax affairs is an important

:04:08. > :04:15.principle. Three people in Britain have been

:04:16. > :04:21.diagnosed with the mosquito borne virus, Zika, linked to a rise in

:04:22. > :04:27.birth defects in Brazil. Authorities have travelled to

:04:28. > :04:30.several areas but pregnant mothers are being advised not to travel to

:04:31. > :04:34.countries where this is reported. are being advised not to travel to

:04:35. > :04:41.Four people have been killed in a shooting in Canada. The attack took

:04:42. > :04:47.place at La Loche Community School. It has about 900 students. A man has

:04:48. > :04:54.been arred and questioned. A call for BT, backed by a

:04:55. > :04:58.cross-party grouch of MPs, a report suggesting that open reach fails to

:04:59. > :05:06.deliver fast broadband to many areas. BT say that the criticisms

:05:07. > :05:12.are misleading. A woman in Worcester claims that she had the lottery

:05:13. > :05:17.ticket for the ?33 million jackpot, although put it in the washing

:05:18. > :05:21.machine. The woman has sent it to Camelot in the hopes she can claim

:05:22. > :05:26.the money. A large blizzard has been piling

:05:27. > :05:30.snow into the American East Coast. People have been warned to find a

:05:31. > :05:37.safe place and stay there until the storm has passed. The BBC's Laura

:05:38. > :05:42.Bicker is in Washington for us now. It looks like a winter wonderland,

:05:43. > :05:47.Laura? They are expecting that two feet of snow could have fallen by

:05:48. > :05:51.the end of the day. Overnight we have about seven inches here in

:05:52. > :05:58.Washington. You can see the state of the road behind me. This is downtown

:05:59. > :06:02.DC, travel is almost impossible. Public transport is at a stand

:06:03. > :06:06.still. The Metro is closed for the weekend, thousands of flights have

:06:07. > :06:11.been cancelled. Passengers have been stranded at airports. They had to

:06:12. > :06:16.open emergency shelters on the side of motorways in Kentucky for

:06:17. > :06:20.stranded motorists. The advice has always been to get to a safe place

:06:21. > :06:24.and stay there if you can for the duration of this storm. We are 12

:06:25. > :06:29.hours in. They are expecting it to last for at least 12 hours more.

:06:30. > :06:32.They are not sure yet whether or not this will be a record-breaker but it

:06:33. > :06:37.certainly could be up there as one of the top worst storms ever to hit

:06:38. > :06:40.the nation's capital. Thank you very much, Laura Bicker in

:06:41. > :06:44.Washington for us. There is more on today's stories on

:06:45. > :06:47.the BBC News Channel, the next news on BBC One is at 5.45pm. Goodbye for

:06:48. > :07:03.now. Good afternoon, after a cold and a

:07:04. > :07:07.frosty week the temperatures are on the rise.