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Google shifted $23bn to tax haven Bermuda in 2017, filing shows

Google shifted $23bn to tax haven Bermuda in 2017, filing shows

5 years ago
Anonymous $L9wC17otzH

https://www.theguardian.com/technology/2019/jan/03/google-tax-haven-bermuda-netherlands

Firm used Dutch shell company in move known as ‘double Irish, Dutch sandwich’ that cuts its foreign tax bill

Google moved 19.9bn euros ($22.7bn) through a Dutch shell company to Bermuda in 2017, as part of an arrangement that allows it to reduce its foreign tax bill, according to documents filed at the Dutch Chamber of Commerce.