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"Google shielded €15.9 billion (about $19.2 billion) in 2016 using the popular "Dutch Sandwich" tax trick, saving it about $3.7 billion in taxes. The maneuver involves shifting revenue from an Irish subsidiary to a Dutch firm with no staff, and promptly moving the funds to a Bermuda mailbox owned by another Ireland-listed company."

Added in Interesting, Tech

3 comments

  • Chet_Manly

    Chet_Manly 2 weeks, 6 days ago

    Now, I detest Google but if they haven't actually broken any laws...

    If we don't like it we must change the laws, not just demonized people for using them advantageously.

    And if I'm way off topic...I didn't read the article...because google annoys me.

    Reply