23/01/2016

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:00:22. > :00:25.There's controversy tonight over Google's deal with the Treasury

:00:26. > :00:31.to pay ?130 million in retrospective tax for the past decade.

:00:32. > :00:36.Labour called the sum "derisory" and they want it investigated

:00:37. > :00:42.But the Chancellor George Osborne said the deal was a vindication

:00:43. > :00:45.Here's our business correspondent Joe Lynam.

:00:46. > :00:49.OK, Google, how much tax does Google play in Britain?

:00:50. > :00:52.Google's tax affairs are quite popular search item

:00:53. > :00:58.in the UK, especially now it has agreed to pay ?130 million

:00:59. > :01:00.of back taxes to HMRC, but there are some who feel

:01:01. > :01:04.it is a fraction of what should have been paid.

:01:05. > :01:06.I have been campaigning on this for the last 15 years.

:01:07. > :01:16.But to be frank, it looks like what independence assessors

:01:17. > :01:19.have said, this is only paying 3% of tax.

:01:20. > :01:21.Most corporations are paying 20%, ordinary individuals are paying

:01:22. > :01:26.I think most people will think this is unfair.

:01:27. > :01:33.Google enjoyed sales of ?4.6 billion in the UK in 2015.

:01:34. > :01:36.Google enjoyed sales of ?4.6 billion in the UK in 2014.

:01:37. > :01:37.Under normal circumstances, companies would have

:01:38. > :01:42.Because Google routes its UK sales via Ireland and then

:01:43. > :01:45.on to the Caribbean, it pays much less each year

:01:46. > :01:46.than this ?130 million tax deal, which covers

:01:47. > :01:51.So does Google now accept it has been paying too little?

:01:52. > :01:55.We were applying the rules that there were, that was then.

:01:56. > :02:02.Britain accounts for 10% of Google's total sales but only a sliver

:02:03. > :02:08.Is getting the company to pay more tax merely an effort

:02:09. > :02:14.When I became Chancellor, there were some companies that paid

:02:15. > :02:19.That rightly caused a lot of public anger.

:02:20. > :02:23.Now we have companies like Google paying tax

:02:24. > :02:26.and I want the message to go out that in Britain,

:02:27. > :02:29.taxes are low and they have to be paid and I expect

:02:30. > :02:35.Apple, the world's largest company, Amazon,

:02:36. > :02:38.the biggest online retailer, Starbucks, the number one

:02:39. > :02:41.coffee franchise are all under the spotlight.

:02:42. > :02:44.Facebook paid only ?4000 in UK corporation taxes last year.

:02:45. > :02:54.It may take a while to close the book on creative tax arrangements.

:02:55. > :02:59.Live now to Davos and our economics editor there, Kamal Ahmed,

:03:00. > :03:06.How fair is the criticism of the deal?

:03:07. > :03:14.Well, when it comes to tax issues, fairness is a pretty subjective

:03:15. > :03:19.concept. I think Google probably knew it would get something of a

:03:20. > :03:23.backlash about this agreement, ?130 million paid over ten years is not

:03:24. > :03:27.huge amount of money for a company that makes billions of dollars of

:03:28. > :03:31.profit year, and would frankly pay that kind of money to most of its

:03:32. > :03:35.senior executives. I think Google would point out when it comes down

:03:36. > :03:53.to fairness, there are a couple of arguments on its side.

:03:54. > :03:57.Firstly, it is an American company and tax law says therefore it should

:03:58. > :04:00.pay most of its tax in America, just like the British company if it was

:04:01. > :04:02.operating abroad, would still pay most of its tax in Britain.

:04:03. > :04:05.Secondly, the European single market allows it to have a headquarters

:04:06. > :04:07.where it wants to. It chooses Dublin because it has low corporation tax.

:04:08. > :04:11.That, it says, is perfectly legal. Then it comes down to the issue of

:04:12. > :04:17.its competitors. Google is not the only controversial company here. Joe

:04:18. > :04:24.Lynam pointed out Facebook. That paid ?4000 in corporation tax in

:04:25. > :04:28.2014. In that same year, Google paid over ?20 million in corporation tax.

:04:29. > :04:32.It will say where is the fairness that it is getting criticism when

:04:33. > :04:34.some of its competitors have maybe not yet made a deal with the tax

:04:35. > :04:38.authorities. Ten US states - affected

:04:39. > :04:41.by the huge blizzard there - The storm is reported to have killed

:04:42. > :04:45.at least nine people. Road, rail and airline travel has

:04:46. > :04:47.been paralysed along the eastern coast, and tens of millions

:04:48. > :04:50.of people have been affected. Our correspondent Laura

:04:51. > :05:03.Bicker is in Washington. What are the predictions for the

:05:04. > :05:07.next few hours and days? Here we are, 24 hours in and this is the

:05:08. > :05:10.next few hours and days? Here we nation's capital on what should be a

:05:11. > :05:16.busy afternoon. The roads have been abandoned. As you head the

:05:17. > :05:20.pavements, 13 inches of snow has fallen overnight they are expecting

:05:21. > :05:23.a further ten inches over the next few hours. There are many more hours

:05:24. > :05:27.of this storm still to come. Some attempted to clear

:05:28. > :05:30.a path, but there are very few venturing

:05:31. > :05:32.out to use it. The President is said to have worked

:05:33. > :05:35.from the White House throughout the blizzard,

:05:36. > :05:36.as the nation's capital The city's two main airports felt

:05:37. > :05:44.abandoned, as over 6,000 flights were cancelled up and

:05:45. > :05:47.down the east coast. And those who tried

:05:48. > :05:51.to drive struggled. Eight people have been

:05:52. > :05:56.killed in car accidents. In Kentucky, around

:05:57. > :05:58.3000 vehicles are stuck on a main motorway,

:05:59. > :06:01.some have been trapped there for hours in

:06:02. > :06:04.freezing temperatures. They tell us we are going to get

:06:05. > :06:08.you out of here very soon. Police were forced to set

:06:09. > :06:14.up emergency shelters In New York they tried

:06:15. > :06:19.to reclaim Times Square But in New Jersey they failed

:06:20. > :06:27.to fight the flood during high tide. This is an emergency event

:06:28. > :06:35.and we are very much still in our emergency

:06:36. > :06:39.response phase. This has been billed as one

:06:40. > :06:47.of the worst storms in Washington's history, but there are some

:06:48. > :06:50.who simply cannot hide their joy Tian Tian is one of the few

:06:51. > :06:56.out in the weather doing his own kind of

:06:57. > :07:13.dance in this storm. Well, this is still continuing as

:07:14. > :07:15.the snow continues to fall. And as a side, the advice is still to find a

:07:16. > :07:27.safe place and stay there until this The Labour leader Jeremy Corbyn has

:07:28. > :07:30.visited a migrant camp He was given a tour

:07:31. > :07:33.of the Grande-Synthe camp near Dunkirk, meeting

:07:34. > :07:35.migrants and aid workers. He described conditions

:07:36. > :07:36.as "dreadful" and said to understand more about the nature

:07:37. > :07:44.of the refugee crisis facing Europe. Johanna Konta has become the first

:07:45. > :07:47.British woman to reach the fourth round of the Australian Open tennis

:07:48. > :07:49.in Melbourne for 29 years. Andy Murray is also into the last 16

:07:50. > :07:53.- but he had to rush to hospital Playing professional tennis

:07:54. > :07:58.is a strange occupation. For hours, you are insulated

:07:59. > :08:02.from the outside world. Andy Murray is used to that

:08:03. > :08:04.and used his opponent, He played in three times last year,

:08:05. > :08:10.so knows his rhythms and intentions Sousa is known in Portugal

:08:11. > :08:15.as Conquistador, Conqueror, a reference to his

:08:16. > :08:17.birthplace rather than his tennis, but he is capable

:08:18. > :08:20.of reclaiming ground. In the second set he took full

:08:21. > :08:25.advantage of a Murray slump. The world number two had been lured

:08:26. > :08:29.into a fight but he is more The significance of this

:08:30. > :08:32.blow in the first game Sousa's serve had been broken,

:08:33. > :08:36.eventually his resistance Murray finished

:08:37. > :08:42.the job in four sets. his father-in-law, and tennis coach,

:08:43. > :08:46.Nigel Sears, had collapsed Once Murray found out,

:08:47. > :08:51.he visited him in hospital In Johanna Konta, might

:08:52. > :08:56.Murray finally have some British company in the second

:08:57. > :08:58.week of grand slams? Content is ranked above her

:08:59. > :09:01.opponent, Denisa Alitova. Within the first game,

:09:02. > :09:04.it was clear who was boss. Konta broke and won

:09:05. > :09:07.the first set 6-2. The British number one

:09:08. > :09:10.did not face a single break point, so assertive

:09:11. > :09:12.was her performance. The second went the same way

:09:13. > :09:20.as the first, Some are already calling it the game

:09:21. > :09:35.of the season. Trailing three goals to one -

:09:36. > :09:38.Liverpool clawed things back - before Norwich made it 4-4

:09:39. > :09:40.in injury time. Then this late strike from England

:09:41. > :09:43.international Adam Lallana gave the Reds the win -

:09:44. > :09:54.five goals to four.