Report: Google is running the mother of all offshore tax schemes - Breaking News Allvoices

News Stories Related To: Report: Google is running the mother of all offshore tax schemes

Mountain View : CA : USA | over 1 year ago  
The masterminds at Google are smart enough to invent the most popular search engine on earth, self-driving cars and those futuristic augmented-reality glasses. Apparently, they...
    • Clear
    • Share:
    • Share
    • Clear
    • Clear
    • Clear
    • Clear
  • Read full report
   Reach     Credibility Credibility of 5
Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Related news stories

  • Is Google's Tax-Dodging Good Enough for Dow Dynasties?

      The Motley Fool | over 1 year ago
    Eric Schmidt is raising hackles in financial circles right now. Big G dodged some $2 billion in 2011 tax costs by funneling international revenue through so-called "Double Irish" and "Dutch Sandwich" constructs. Speaking to Bloomberg yesterday, he...
  • Britons outraged by corporate tax avoidance

      The Globe & Mail | over 1 year ago
    Story The public outrage has been building for weeks, with boycotts, demonstrations and a scathing report by a parliamentary committee that called some companies' actions immoral. The government of Prime Minister David Cameron is now promising a...
  • Bermuda shelter helps Google duck $2bn tax bill

      Sydney Morning Herald | over 1 year ago
    The American internet giant, whose company motto is Don't be Evil'', swept $US9.8 billion of revenues from international subsidiaries into Bermuda last year. The figure, which equates to about 80 per cent of its total pre-tax profits, is nearly twice...
  • Havens let Google skip $2 billion tax bill

      New Zealand Infotech Weekly | over 1 year ago
    Google avoided about US$2 billion in worldwide income taxes last year by shifting $9.8b in revenues from its non-US subsidiaries into a Bermuda shell company, Bloomberg reported. It said the amount of revenue shifted was up from $5.4b in 2008. The...
  • Google in $10 billion Bermuda tax swerve

      Bermuda Sun | over 1 year ago
    Internet giant Google channelled nearly $10 billion in revenues to a Bermuda shell company last year, according to documents released by the firm. Google avoided around $2 billion in income taxes around the world in 2011 by shifting the cash to the...
  • Google avoided $2 billion in 2011 global tax payments with Bermuda shell ...

      San Jose Mercury News | over 1 year ago
    Europe," said Richard Murphy, an accountant and director of Tax Research in Norfolk, England. "The political awareness now being created in the U.K., and to a lesser degree elsewhere in Europe, is: It's us or them. People understand that if Google...
  • Britain could end these tax scams by hitting the big four | Polly Toynbee

      Guardian Unlimited | over 1 year ago
    A clever protest on the right issue can catch public imagination and media attention.' Photo: Antonio Olmos for the Observer Sometimes it only takes a spark. Never imagine nothing can be done: UK Uncut packs a punch far above its weight, as did the...
  • Google avoids tax on i¿½10bn after doubling amount of money it puts into ...

      Mail Online UK | over 1 year ago
    10 December 2012 Internet giant Google avoided tax on 10billion revenue last year by doubling the amount of money put into a shell company in Bermuda...News of the American company's latest legal attempt to avoid paying high levels of tax comes after...
  • Google parks $10 billion in Bermuda, avoiding $2 billion in taxes

      Russia Today | over 1 year ago
    Top US corporations faced tough questioning by British MPs who accused Google, Starbucks and Amazon of leaking tax revenues from the UK to tax havens abroad, labeling their actions as immoral. Italy's financial police have confiscated a 15th Century...
  • Google saved $2b from global tax payment

      Times of Oman | over 1 year ago
    Google avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell firm, almost double the total from three years before, filings show...The amount moved to Bermuda is equivalent to about 80...
  • Google makes $10 billion in revenues in Bermuda? Well, kinda …

      Venture Beat | over 1 year ago
    Google's not just smart about search, mobile operating systems, and online advertising. The company is also very smart keeping the money it earns via clever tax avoidance schemes. As Bloomberg reports , the search giant routed almost $10 billion in...

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.