Britain To Levy 25% Google Tax

I'm not going over there.

Panzer woke from his nap this afternoon to yowling. My adventurous kitty jumped in the Panzermobile and followed the wailing and gnashing of teeth to The New York Times site. He found the source of all the noise in the Bits section of the site in a post by Mark Scott and Stephen Castle.

According to the post a draft legislation to levy a 25% tax on Google and other multinational companies (Amazon) will be presented to Britain's Parliament on December 10. It is expected to pass.

Panzer says, "Let's see. You have the EU VAT and now a 25% tax on sales. Why do you want to chase all these businesses out?"

Warning: Another b-i-g cup of tea as this is a long post.

To read the whole post, tootle over to Google tax