United Kingdom: The Anomaly In Google's Revenue

http://statspotting.com/googles-revenue-numbers-the-anomaly-called-uk/

by npguy • 13 years ago

2 6 13 years ago

thirsteh2• 13 years ago

Probably not that surprising given that Ireland is a tax haven for most large U.S. corps' presence in all of Europe. If I sign up for AdWords or AdSense now, I'm dealing with Google Ltd, even though I am not in the U.K.

npguy• 13 years ago

Right. It looks like the revenue number is basically an accounting thing. Actual dollars from UK might be different.

dataewan• 13 years ago

I'm not sure I understand that point correctly. The Republic of Ireland isn't part of the United Kingdom.

thirsteh2• 13 years ago

Yes, but when people refer to the U.K. as a region, they usually mean the U.K. (i.e. including Northern Ireland) and the Republic of Ireland. Ireland is seldom its own region.

There is no mention of the Republic of Ireland in their earnings report, yet their European headquarters are in Dublin. "U.K." in the report means the U.K. and Ireland.

camo• 13 years ago

Maybe brits are just more lazy than people from other countries and just click on ads to find what they want.

Or maybe british advertisers are crazy and pay insane prices for adwords.

Or maybe a mix of both. Who knows, but frankly, the brits are getting raped by Google through the hemorrhaging of $1bn per quarter taken out of the domestic economy. It is obscene for a company, any company, to reap the benefits of a developed economy and not pay any taxation to support the education, welfare and security of the economy they profit from.

United Kingdom: The Anomaly In Google's Revenue

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