How Google Lowered Its Taxes

As the U.S. Congress approves the fiscal cliff measure, Business Insider tells us that Google funneled £6 billion through Bermuda in 2012, halving its 2011 tax bill that put £1 billion less into government hands. The post points to another that claims Google Chairman Eric Schmidt called the company's legitimate tax arrangement to lower taxes "capitalism."

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1 comment about "How Google Lowered Its Taxes".
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  1. Paula Lynn from Who Else Unlimited, January 2, 2013 at 7:37 p.m.

    And who pays that billion pounds - about 1.65 billion +dollars per year that the extremely wealthy do not pay ?