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This is the type of stuff that hurts our market. Apple does the same. They really need to fix this stuff.
Google shifted $23 billion to tax haven Bermuda in 2017
Google shifted $23 billion to tax haven Bermuda in 2017
Google moved 19.9 billion euros ($22.7 billion) 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.The amount channeled through Google Netherlands Holdings BV was around 4 billion euros more than in 2016, the documents, filed on Dec. 21, showed.