GrumpyGato
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User ID: 75245118
 United States
01/03/2019 10:25 PM
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Report Copyright Violation | Google moved $23 BILLION to Bermuda in 2017 as part of tax avoidance schemes in the US, the UK and the EU, labeled a 'Double Irish, Dutch Sandwic Google moved a whopping $22.7billion to a tax haven in Bermuda in 2017 to avoid paying foreign taxes, a new report reveals.
The move was made through a Dutch shell company called Google Netherlands Holdings BV, according to documents filed at the Dutch Chamber of Commerce.
The amount filed through was $4.5billion more than the amount in 2016.
Google employed an international tax evasion strategy known as 'Double Irish, Dutch Sandwich' that legally allowed companies channel their profits through an Irish company than through a Dutch one, then to another Irish subsidiary based in a place with no income taxes like Bermuda. [ link to www.dailymail.co.uk (secure)] Less than 50% I've never heard of double irish, dutch sandwich. I cannot wait for google to burn to the ground. **You live your life not for yourself, but for the sake of others** |
