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1. taxfoundation.org › blog › google-tax-what-it-andThe "Google tax": What it is, and Why We Should Be Cautious

   taxfoundation.org › blog › google-tax-what-it-and

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   Jul 24, 2023 · However, with the Google tax policies, the UK and Australia will be able to tax companies even if they do not technically have PE status under existing tax treaties and treaty conventions. Instead, the Google tax examines the intent and tax savings of transactions and corporate structures.

2. Videos

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     1:21

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     What is the Google tax?

     26 Mar 2015

     1.6K views

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     2:30

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     Explained: How does tax work in Australia (video)?

     15 Nov 2017

     72.1K views

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     4:18

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     What is a digital tax? | CNBC Explains

     1 Aug 2019

     137.5K views

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3. uklandlordtax.co.uk › moving-to-australia-from-the-ukThe Tax Implications Of Moving to Australia from the UK

   uklandlordtax.co.uk › moving-to-australia-from-the-uk

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   Oct 18, 2023 · If you do not usually file a self-assessment tax return, you need to fill in form P85 online. UK Tax for residents in Australia. If you are not a UK resident, you do not pay UK tax on income or gains you make outside the UK. You are subject to UK tax on your UK income.

4. www.gov.uk › guidance › get-your-income-tax-right-ifGet your Income Tax right if you're leaving the UK (P85)

   www.gov.uk › guidance › get-your-income-tax-right-if

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   • Overview
   • Before you start
   • Claim online
   • What happens next

   Tell HMRC if you've left or intend to leave the UK and find out how to get relief or a repayment on UK Income Tax (P85).

   See full list on gov.uk

   Check your P45 for ‘details of employee leaving work’ — you’ll need this when you claim.

   Tell us if you:

   •have a home in the UK

   •work full time outside of the UK

   •have salary still paid in the UK

   •will spend time in the UK over the next 3 years

   See full list on gov.uk

   To use the online service, you need a Government Gateway user ID and password. If you do not have a user ID, you can create one when you use the service.

   If you have not left the UK yet, you must print and post your claim.

   Claim online

   You’ll get a reference number that you can use to track the progress of your claim.

   See full list on gov.uk

   If you’re due a repayment, we’ll:

   1.Pay you or someone else on your behalf.

   2.Post a payable order to your address or to your nominee’s address — to be paid into a bank account held in your or your nominee’s name.

   You can check when you can expect a reply from HMRC.

   HMRC will not pay any fees to convert your repayment into another currency, or to transfer it abroad. You may want to keep your UK bank account open until you receive the repayment to avoid any fees.

   Published 9 August 2023

   See full list on gov.uk

5. www.odintax.com › uk-australia-double-tax-treatyUK-Australia Double Tax Treaty: What You Need to Know - Odin Tax

   www.odintax.com › uk-australia-double-tax-treaty

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   Jun 12, 2023 · The UK-Australia Double Tax Treaty is a crucial agreement that provides significant benefits and protections for Australian expats and foreign investors residing in the UK. Understanding the key components of this treaty is essential for maximising tax benefits and avoiding double taxation.

6. www.rsm.global › australia › insightsAustralia introduces a 'Google tax' after all | RSM Australia

   www.rsm.global › australia › insights

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   May 13, 2015 · The proposed multinational anti-avoidance tax integrity measure (Australia’s version of the ‘Google tax’) will: apply only to foreign multinational groups with global turnover exceeding A$1bn. require a group connection with a low or no corporate tax jurisdiction.

7. www.gov.uk › tax-come-to-ukTax if you come to live in the UK - GOV.UK

   www.gov.uk › tax-come-to-uk

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   How to pay tax on your income if you come to live in the UK - tax returns, paying National Insurance, Portable Document A1, E101 or E102, claiming relief if you're taxed twice, claiming a...

8. People also ask

   How will the Google tax work in the UK & Australia?

   • However, with the Google tax policies, the UK and Australia will be able to tax companies even if they do not technically have PE status under existing tax treaties and treaty conventions. Instead, the Google tax examines the intent and tax savings of transactions and corporate structures.

   The "Google tax": What it is, and Why We Should Be Cautious

   taxfoundation.org/blog/google-tax-what-it-and-why-we-should-be-cautious/

   See all results for this question

   What is Google tax & how does it affect your business?

   • Broadly speaking, the Google tax imposes a penalty on large companies that shift income abroad through certain transactions and corporate structures. Under the UK DPT law, a 25% tax is imposed on profits that should have been reported and taxed in the UK, but were instead shifted to foreign entities.

   The "Google tax": What it is, and Why We Should Be Cautious

   taxfoundation.org/blog/google-tax-what-it-and-why-we-should-be-cautious/

   See all results for this question

   Will Google be taxed if a company does not have PE status?

   • Any profits from the store on sales of goods and services would be subject to U.S. corporate income taxes (CIT). However, with the Google tax policies, the UK and Australia will be able to tax companies even if they do not technically have PE status under existing tax treaties and treaty conventions.

   The "Google tax": What it is, and Why We Should Be Cautious

   taxfoundation.org/blog/google-tax-what-it-and-why-we-should-be-cautious/

   See all results for this question

   When is a company subject to Google tax?

   • Under the UK DPT, a company is subject to the Google tax if 1) the "primary" intent of an income shifting transaction is to achieve tax benefits, and 2) if the company's UK tax liability decreases more than the company's foreign tax liability increases.

   The "Google tax": What it is, and Why We Should Be Cautious

   taxfoundation.org/blog/google-tax-what-it-and-why-we-should-be-cautious/

   See all results for this question

   Does Google Pay Taxes in the UK?

   • For example, internet giant Alphabet Inc.'s (GOOGL) Google paid a negligible amount in taxes in the United Kingdom by completing its transactions in the low-tax city of Dublin, Ireland, even though it earned $6.5 billion in revenue in the U.K.

   Google Tax: What It Means and How It Works - Investopedia

   www.investopedia.com/terms/g/google-tax.asp

   See all results for this question

   What is a Google tax?

   • A Google tax, also known as a diverted profits tax, refers to anti-tax-avoidance provisions that have been introduced in some countries. Several jurisdictions implemented the provision to stop companies from diverting profits or royalties to other jurisdictions that have lower or even zero tax rates.

   Google Tax: What It Means and How It Works - Investopedia

   www.investopedia.com/terms/g/google-tax.asp

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9. www.investopedia.com › terms › gGoogle Tax: What It Means and How It Works - Investopedia

   www.investopedia.com › terms › g

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   Dec 1, 2023 · A Google tax is a tax on multinational companies aimed at preventing them from diverting their profits from a country where those profits were earned to one with a lower tax rate.