Alphabet

OECD Estimates Google Avoids $7B+ Annually Through Tax Havens

2020-01-01 00:00:00 +0000 UTC | Importance: 9/10

By 2020, OECD analysis of multinational corporate tax avoidance identified Google among the most aggressive tax avoiders globally, with the company systematically avoiding an estimated $7+ billion annually in taxes through profit shifting to tax havens—maintaining an effective global tax rate under …

OECD Google Alphabet Tax Justice Network OECD member countries google tax-avoidance oecd offshore global-tax +2 more

Google Moves $23B to Bermuda Tax Haven in Single Year

2017-12-31 00:00:00 +0000 UTC | Importance: 9/10

Dutch regulatory filings revealed that in 2017, Google transferred $23 billion (€19.9 billion) through its Netherlands shell company to its Bermuda-based entity—one of the largest single-year tax avoidance maneuvers in corporate history, allowing Google to avoid approximately $4 billion in taxes on …

Google Alphabet Sundar Pichai Dutch authorities (disclosure) Bermuda shell company google tax-avoidance bermuda offshore shell-companies +2 more