Google paid in Spain 2.2 million euros in taxes in 2015 – EntornoInteligente

Expand / The subsidiary of the technology giant said revenues of only 66 million, the bill most in Ireland and benefits of 5.5 million.

Google declared in 2015 in Spain a tax on profits of 2.24 billion euros in the same line as in 2014, the year in which it paid just over two million, according to collect the annual accounts just deposit in the Commercial Register.

The Spanish subsidiary of Google said in 2015 revenue 66.64 million euros (up 21%), an operating profit of 7.59 million euros (up 16%) and a net profit of 5.54 million euros (up 19%).

currently, Google is open to inspection in Spain VAT payments, income tax, customs, social security and income taxes the years 2012-2015, as recorded by the subsidiary in its annual report.

on July 1, the Tax Agency (AEAT) recorded two offices of Google in Madrid as part of an investigation into circumvention fiscal.

In the annual report, the company managers believe that there are no tax contingencies “significant amounts” derived from “varying interpretations of applicable tax legislation” Google’s activities in Spain. In the audit report, conducted by Ernst & amp; Young, no reservation on the accounts submitted were collected.

Finance and opened inspection to Google in 2011 and raised paths minutes by the Corporation Tax 2007 and 2008, which resulted in the payment of 1, 9 million.

fiscal engineering Google, like many other technology, use fiscal engineering to just pay taxes in Spain by the business actually generated in the country. The subsidiary of US search engine declared in 2015 revenues of 66.64 million euros, representing an increase of 21.34% over the previous year.

These revenues correspond to those derived from the provision of marketing and R & D for the group. The calculation is performed by applying a profit margin to the costs incurred in providing these services.

However, the turnover of its main business-the sale of online- advertising is done directly from Ireland, where it benefits from a better taxation. Then transferred the profits to Bermuda.

The sector is estimated that the real incomes of Google in Spain by selling advertising could exceed 600 million euros a year.

Of the 66.6 million income reported, the majority (63.7 million) arising from the chargeback of costs to Google Ireland marketing activities and product demonstration. The remaining 2.9 million relate to costs of research and development activities, which are billed directly to the US parent.

Personnel expenses The largest expenditure item of Google Spain is on personnel, amounting to 29.9 million euros, two million euros more than the previous year. The company employed 31-165 December professionals, ten more than a year earlier.

It also emphasizes spending on advertising and public relations, which rose last year to 12.3 million euros, 35% more.

The expenses you incurred for the rental of its headquarters in the Picasso Tower in Madrid, which has been extended several times due to the increase in the workforce in Spain, soared 63% to 2, EUR 36 million.

Google paid in Spain 2.2 million euros in taxes in 2015

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http://entornointeligente.com/articulo/8690188/Google-pago-en-Espana-22-millones-de-euros-en-impuestos-en-2015

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