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“With Germany and now France, we have asked the OECD to take this work forward and we will make it an important priority of our G8 Presidency next year.”Tonight Margaret Hodge, chairman of the powerful House of Commons Public Accounts Committee, which recently cross examined Google UK on its tax affairs said Mr Schmidt should be ashamed rather than proud of his company’s tax bill“For Eric Schmidt to say that he is ‘proud’ of his company’s approach to paying tax is arrogant, out of touch and an insult to his customers here in the UK,” she said.“Ordinary people who pay their taxes unquestioningly are sick and tired of seeing hugely profitable global companies like Google use every trick in the book to get out of contributing their fair share.

Artificial intelligence will let scientists solve some of the world's 'hard problems.' This is according to Google chairman, Eric Schmidt, who claims that super-intelligent robots will someday help use solve problems such as population growth and climate change 'Ultimately, our dream for AI is to give people more choices about how they live their lives.

He has served on various other boards in academia and industry, including the Boards of Trustees for Carnegie Mellon University, Pennsylvania, and Princeton University, New Jersey.

He was one of three sons of Eleanor, who had a master's degree in psychology, and Wilson Emerson Schmidt, a professor of international economics at Virginia Tech and Johns Hopkins University, who worked at the U. Treasury Department during the Nixon Administration. From 1976 to 1980, Schmidt stayed at the International House Berkeley, where he met his future wife, Wendy Boyle.

The issue will be raised by George Osborne when Britain takes over the chairmanship of the G8 and will also be investigated by the Organisation for Economic Co-operation and Development (OECD).

Last week the Chancellor said he was committed to “leading the international effort” to prevent international companies transferring profits away from major economies, including Britain, to tax havens.“We will put more resources into ensuring multi-national companies pay their proper share of taxes,” he said.

Let’s hope those issues include the immoral practices of the world’s biggest search engine. Google was humiliated before the Commons Public Accounts Committee as MPs attacked the firm’s (incredibly successful) attempts to pay less tax.The internet behemoth managed to pay just £6m in corporation tax on £3bn UK sales in 2011 by routing the money through Ireland, then on to the Netherlands, and then to a holdings company in Bermuda.We did it based on the incentives that the governments offered us to operate,” he said.The Silicon Valley boss went on to suggest that Google would not turn down the opportunity to draw on the big savings allowed under the law in the countries it operates in: “It’s called capitalism. I’m not confused about this.”He also ruled out following Starbucks in voluntarily handing more money over to the UK Government.“There are lots of benefits to [being in Britain],” he said.“It's very good for us, but to go back to shareholders and say, 'We looked at 200 countries but felt sorry for those British people so we want to [pay them more]', there is probably some law against doing that.”Mr Schmidt’s defiant stance is unlikely to find favour on either side of the Atlantic with both the American and European Governments searching to find ways of forcing “stateless” internet companies such as Google to pay more tax.Representatives from Google, Microsoft, Facebook and other major tech firms say their industry stands to lose a fortune as international customers flee American technology companies over concerns that their data is being siphoned off carte blanche and analyzed by American intelligence officials.'Because what's going to happen is, governments will do bad laws of one kind or another, and they are eventually going to say, "We want our own Internet in our country because we want it to work our way, right?