03-01-2018 13:07 via telecoms.com

‘Double Irish’ and ‘Dutch Sandwich’ loopholes save Google billions in tax

Apple might have gotten the majority of the European Commission’s attention for ‘creative’ accounting strategies, but Google is not innocent after shielding €16 billion from the tax man.
Over the course of 2016, the internet search giant saved itself as much as €3.7 billion by moving cash between various shell organizations in Ireland, the Netherlands and Bermuda. According to Bloomberg, Google is making use of various structures in Ireland and the Netherlands, known
Read more »