Google blames the U.K. Government's weak tax laws for the fact it pays just £8m of corporation tax in Britain despite making more than £6bn in revenues in this country'

from the telegraph.........

"The technology giant has come under heavy fire for using tax laws to avoid paying a more significant level of corporate tax in the past.

However, Mr Schmidt told the Edinburgh Television Festival yesterday that Google "loves" Britain and would pay more tax if it were legally required to do so. He said the company's hands were tied by Britain's low tax demands.

"It is true we could pay more tax but we would have to do so voluntarily. It's called paying the legally minimum amount of tax required," he said"..........READ MORE