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Google boss says company is doing 'right thing' on tax

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Google boss Eric Schmidt insisted Wednesday his company was trying to do the "right thing" as it faces criticism in Britain over the amount of tax it pays, saying it was for countries not companies to decide tax policies. 

Google executive chairman Eric Schmidt speaks in Tokyo on September 25, 2012. Schmidt insisted Wednesday his company was trying to do the "right thing" as it faces criticism in Britain over the amount of tax it pays, saying it was for countries not companies to decide tax policies.

Schmidt was commenting after Ed Miliband, the leader of Britain's opposition Labour Party, told a meeting of Google staff that he was "disappointed" it had paid just pound sterling6 million in corporation tax on sales in Britain worth pound sterling3.2 billion in 2011.

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