Google – TOMTOP BLOG https://blog.tomtop.com Loving ♥ Shopping ♥ Sharing Sat, 11 Jun 2011 02:07:05 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.10 https://blog.tomtop.com/wp-content/uploads/2018/10/cropped-tomtop-icon-32x32.jpg Google – TOMTOP BLOG https://blog.tomtop.com 32 32 Google’ Genius Crime: $60 Billion Lost to Tax Loopholes https://blog.tomtop.com/google-genius-crime/?utm_source=rss&utm_medium=rss&utm_campaign=google-genius-crime https://blog.tomtop.com/google-genius-crime/#comments Sat, 11 Jun 2011 02:07:05 +0000 http://www.tomtop.com/blog/?p=9821 Google Inc. cut its taxes by $3.1 billion in the last three years using a technique that moves most of its foreign profits through Ireland and the Netherlands to Bermuda. Google’s income shifting — involving strategies known to lawyers as the “Double Irish” and the “Dutch Sandwich” — helped reduce its overseas tax rate to 2.4 […]

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