Around the Net

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."

Read the whole story at Business Insider »

1 comment about "How Google Lowered Its Taxes".
Check to receive email when comments are posted.
  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 ?

Next story loading loading..