3

How Google Avoided Paying $60 Billion In Taxes

http://tech.slashdot.org

"Google only pays a 2.4% tax rate using money-funneling techniques known as the 'Double Irish' and the 'Dutch Sandwich,' even though the US corporate income tax is 35%. By using Irish loopholes, money is transferred legally between subsidiaries and ends up in island sanctuaries that have no income tax, giving Google the lowest tax rate amongst its technology peers. Facebook is planning to use the same strategy."

Read »
stuntmantdave's picture
Created by stuntmantdave 2 years 30 weeks ago – Made popular 2 years 29 weeks ago
Category: Taxes, Fees & Fines   Tags:

Air Times & Contact

LIVE 7 Days a Week!
Mon-Sun: 7pm-10pm Eastern

Call toll-free:
1-855-450-FREE

You can also Skype us.

Free Talk Live 2.0

Welcome Free Talk Live 2.0!
 
You can login with your BBS username and password. Feel free to submit your favorite show prep suggestions, opinion pieces, video, audio, and questions here and vote up the entries you like! Here's a handy bookmarklet to make it easy.
 
Please report bugs here:Bugs.FreeTalkLive.com.

Who's online

There are currently 6 users and 63 guests online.

Online users

  • danr2q4rhe
  • park15sang
  • zincsoil45
  • savingwithcoupo...
  • ron88jewell
  • belt97milo

Recent comments