Pakistan Today

Google moved 16bn euros to Bermuda to avoid tax: Bloomberg

THE HAGUE: Google moved 15.9 billion euros to a Bermuda shell company in 2016, saving it billions of dollars in taxes that year, Bloomberg reported on Wednesday, quoting regulatory filings in the Netherlands. Google uses two structures, known as a “Double Irish” and a “Dutch Sandwich”, to shield the majority of its international profits from Read More

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