Double Irish Dutch Sandwich - GoFuckYourself.com

Brujah · 10-21-2010, 11:16 AM

Slick explanation of how Google pays only 2.4% tax
http://www.bloomberg.com/news/2010-1...loopholes.html

tabasco · 10-21-2010, 05:12 PM

Was just reading that. Must be nice to pay 2.4% while suckers like me pay 30%

Cyber Fucker · 10-21-2010, 05:43 PM

interesting...

VHNet · 10-21-2010, 06:51 PM

A google employee all-female foursome. I like where this is going....

HomerSimpson · 10-21-2010, 08:19 PM

google funds in motion

Davidstinator · 10-22-2010, 05:38 AM

Headlines like that piss me off: The article goes on to say: "International income-shifting, which helped cut Google’s overall effective tax rate to 22.2 percent last year, shows one way that loopholes undermine that top U.S. rate. "

So the income shifting strategy just limits their tax on most of their foreign income, which saves them about 3 billion a year in US taxes.

The 60 Billion number is an estimate of all companies tax using the strategy.

The article makes google out to be the scape goat.

Ethersync · 10-22-2010, 05:44 AM

Nothing wrong with this. Most large US based companies do this or something similar.

pradaboy · 10-22-2010, 05:51 AM

I believe Royal Shell has a deal with the Dutch government they only pay 6% tax. If the Dutch government doesn't comply Shell takes their tax dollars elsewhere.

10-21-2010, 11:16 AM	#1
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	Double Irish Dutch Sandwich Slick explanation of how Google pays only 2.4% tax http://www.bloomberg.com/news/2010-1...loopholes.html __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

10-21-2010, 05:12 PM	#2
tabasco Confirmed User Industry Role: Join Date: Jul 2006 Location: In a van down by the river Posts: 2,624	Was just reading that. Must be nice to pay 2.4% while suckers like me pay 30% __________________ "There is no other way to see a thing except to look at it" - fatfoo

10-21-2010, 05:43 PM	#3
Cyber Fucker Hmm Industry Role: Join Date: Sep 2005 Location: On an endless road around the world for rock and roll. Posts: 12,642	interesting... __________________

10-21-2010, 06:51 PM	#4
VHNet Confirmed User Industry Role: Join Date: May 2005 Location: Chicago Posts: 386	A google employee all-female foursome. I like where this is going.... __________________ Bringing mainstream marketing to the Adult Industry ICQ: 221976033

10-21-2010, 08:19 PM	#5
HomerSimpson Too lazy to set a custom title Industry Role: Join Date: Sep 2005 Location: Springfield Posts: 13,826	google funds in motion __________________ Make a bank with Chaturbate - the best selling webcam program Ads that can't be block with AdBlockers !!! /// Best paying popup program (Bitcoin payouts) !!! PHP, MySql, Smarty, CodeIgniter, Laravel, WordPress, NATS... fixing stuff, server migrations & optimizations... My ICQ: 27429884 \| Email:

10-22-2010, 05:38 AM	#6
Davidstinator Confirmed User Join Date: Feb 2009 Location: SoCal Posts: 103	Headlines like that piss me off: The article goes on to say: "International income-shifting, which helped cut Google’s overall effective tax rate to 22.2 percent last year, shows one way that loopholes undermine that top U.S. rate. " So the income shifting strategy just limits their tax on most of their foreign income, which saves them about 3 billion a year in US taxes. The 60 Billion number is an estimate of all companies tax using the strategy. The article makes google out to be the scape goat. __________________ icq: 572412691

10-22-2010, 05:44 AM	#7
Ethersync Confirmed User Join Date: Mar 2008 Location: London, Saint-Tropez, Bermuda, Moscow Posts: 5,289	Nothing wrong with this. Most large US based companies do this or something similar. __________________ The best ePassporte replacement I have found: OKPAY

10-22-2010, 05:51 AM	#8
pradaboy sell me your banners Industry Role: Join Date: Dec 2003 Location: on the tubes Posts: 12,931	I believe Royal Shell has a deal with the Dutch government they only pay 6% tax. If the Dutch government doesn't comply Shell takes their tax dollars elsewhere. __________________ Media Buyer - Sell me your traffic! FREE to register domains... Better than 99% of the crap sold here!