This week there was a report in the press on how Google has bought a sizeable bit of land in Kings Cross and intends to build it's UK HQ on the plot.... Once completed this will have a value in excess of £1 Billion. Google buys $1 billion plot of land for new central London HQ | The Verge Much will be trumpeted on how google in investing in the UK and bringing jobs to our shores and it would be churlish to deny this. But let's examine how one of the wealthiest company's in the World might achieve this purchase. Google do not need to move a single cent into the UK. Buy the place with a loan from a UK bank (actually, do not even do that if you want to - any bank will do). Straight away, BONUS as the daily interest comes straight off profits on which corp tax would be assessed. Next, set up the repayments to go to a subsidiary of that bank in another jurisdiction. Pay the repayments from your Google UK offshore account somewhere nice. BONUS actually get another one of your Google subsidiary to handle the payments and charge 1% for the service to your Google UK business - further push corp tax down. If you want to, build a currency fix in there that again gains the bank a few cents in the dollar and protects google from a collapsing pound/dollar/whatever. BONUS for the bank that made the loan - their receiving offshore subsidiary can charge to repatriate the loan repayments monies to the UK business, reducing corp tax for the UK bank. So - without Google moving a penny across the UK borders, it gains a major piece of real estate in the UK, reduces it's tax bill, and can claim the high ground in bringing jobs to the UK. Rinse and repeat for all major Corps!! And you can see why the UK Government is so screwed?