You can choose the size of the video you would like to embed below. Next, copy the embed code that is available in the box below. Paste this code on to your website to display the video.
If you experience problems embedding videos, please contact us.
February 13, 2014 AT 10:53 AM
Google said its overseas tax bill rose sharply in 2013, while sales in Britain, its biggest foreign market, hit a record $5.64 billion. Google said in its 10-K annual report filed on Wednesday that its overseas tax charge, including deferred taxes, was $743 million in 2013. While this was up from $432 million for 2012, its tax rate on foreign earnings was just 8.6 percent in 2013 -- around a third the headline rate in its main non-U.S. markets. Google earned 60 percent of its profits outside the United States last year, even though foreign sales were just 55 percent of revenues.