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How Google Avoided Paying $60 Billion In Taxes
bonch writes "Google only pays a 2.4% tax rate using money-funneling techniques known as the 'Double Irish' and the 'Dutch Sandwich,' even though the US corporate income tax is 35%. By using Irish loopholes, money is transferred legally between subsidiaries and ends up in island sanctuaries that have no income tax, giving Google the lowest tax rate amongst its technology peers. Facebook is planning to use the same strategy."
Someone actually read TFA
Tax avoision.
That deserves a -1 funny somehow.
But corporations are people!
Do I still feel like they're shafting me? Yes.
You know if they gave it to the Feds they'd just use it to do evil. They're following their mandate.
"You're right," Fisheye says. "I should have set it on 'whip' or 'chop.'"
Really that naive? In paying 1% of their income, an evil rich guy will pay more in taxes than you will see all year. What infuriates me is when the middle class gets lumped in with the rich and ends up being poor, all because of class hate.
How does it feel to be a liar with pants constantly on fire?
The act of have a sex sandwich with a mother and daughter who's combined weight is over 400 lbs http://www.urbandictionary.com/define.php?term=Dutch%20sandwich
Who rallies in the street to keep poor people paying taxes? This has to be one of the most ridiculous comments ever modded 5 Insightful.
Negative moral value of force outweighs the positive value of good intentions.
I would give my left nut to make 50k again.
I will cut it off myself.
Anyone Hiring?
- Dan.
~ People that think they are better than anyone else for any reason are the cause of all the strife in the world.
I asked my girlfriend if she was into Double Irish or the Dutch Sandwich, but she just slapped me.
Well, that's the thing about liberals. Their idea of "charity" is giving away other people's money.
Sorry, we don't have any eunuchs admin requisitions.