On May 21, 2013, the Senate Permanent Subcommittee on Investigations held hearings examining multinational corporation tax avoidance, with Google as a primary focus. The investigation exposed that Google paid only a 2.4% tax rate on foreign profits—avoiding approximately $2 billion annually in taxes …
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The Federal Trade Commission closed its 19-month antitrust investigation of Google without bringing charges, despite internal staff recommendations for legal action. With 230 White House meetings in 2012-2013, Google demonstrated unprecedented political access, ultimately avoiding significant …
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Google completed its initial public offering on August 19, 2004, raising $1.67 billion by pricing 19,605,052 Class A shares at $85 per share. The IPO was unconventional, using a “modified” Dutch auction method that challenged Wall Street norms.
Most significantly, founders Larry Page and …
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