Google Avoids $2 Billion In Taxes By Offshoring Profits In Bermuda

Huffington Post:

On Monday, Bloomberg’s Jesse Drucker reported that the tech giant avoided paying $2 billion in global income taxes by moving $10 billion in revenue, or 80 percent of its pretax profit, to Bermuda, which does not have a corporate income tax. Google has nearly doubled the amount of money that it is sheltering in Bermuda since 2008.


Google Avoids $2 Billion In Taxes By Offshoring Profits In Bermuda

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