Google Dodges $2B in Taxes With Bermuda Move

Profit stowed there nearly doubles

By Kevin Spak,  Newser Staff

Posted Dec 10, 2012 11:15 AM CST

(Newser) – Google shifted $9.8 billion in revenue to its Bermuda shell company last year, in a move that allowed it to cut its overall tax rate almost in half, Bloomberg reports based on company filings. The figure is nearly double what Google funneled overseas three...   Read full story »

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