Around the Net
Alphabet To Give Up 'Double Irish, Dutch Sandwich'
- Reuters, Tuesday, December 31, 2019 11:36 AM
Reuters has seen a 2018 tax document filed with the Irish and Dutch governments that suggests Google's parent company Alphabet will no longer use the intellectual property licensing scheme known as the “Double Irish, Dutch sandwich." A 2017 filing showed Alphabet had moved $23 billion through a shell company to Bermuda. It allowed Alphabet to delay paying U.S. taxes.
