Google Reportedly Skirts $2 Billion In Taxes With Offshore Haven

Holy tax dodging! Google reportedly skirted a whopping $2 Billion in worldwide income taxes in 2011 by unloading $9.8 billion in revenue into a Bermuda shell company, reports Bloomberg. Since Bermuda has no corporate income tax, Google slashed its tax rate nearly in half.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/QvJiulcKPt8/

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