All Posts Tagged Tag: ‘Tax Avoidance’

Google Avoids Nearly $2 Billion In Worldwide Income Tax [Report]

Bloomberg is reporting, citing a recent filing by a subsidiary in the Netherlands, that Google avoided nearly $2 billion in worldwide income taxes last year by shifting $9.8 billion in revenues to a Bermuda shell company. The fact that Google does this is not news, but the amount of money involved, which is reportedly nearly double from three years ago, …

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