It has been reported and widely discussed: Google is not contend with the 12.5% tax rate in Ireland (after avoiding the 28% corporate tax in the UK)
They have again transferred the profit to Bermuda, where there is no tax for the category Google claimed the revenue is from. In order to do this, they setup complicated Dutch companies to do the transfer and avoiding detection by Irish laws.
Result? Google transfered 3.2 billion pounds almost without a slice to tax man, to its Bermuda heaven. Yes, that is $ 4,600,000,000 for the past few years
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