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Google UK Paid £11.6 Million in Corporation Tax in 2012

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Google's UK division paid a tax rate of 2.6 percent on non-U.S. income because it designates its UK operation as primarily marketing with its Irish operation taking most of the profits, with these profits being channelled to a subsidiary in Bermuda. Google's UK division paid a tax rate of 2.6 percent on non-U.S. income because it designates its UK operation as primarily marketing with its Irish operation taking most of the profits, with these profits being channelled to a subsidiary in Bermuda. 0 Comments

Did $2 Billion in Google Tax Money Disappear in Bermuda Triangle?

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Google shifted $9.8 billion in revenue to Bermuda in order to avoid paying $2 billion in global taxes, Bloomberg reported. The search giant reportedly used common revenue funnelling techniques to avoid its tax obligations. Google shifted $9.8 billion in revenue to Bermuda in order to avoid paying $2 billion in global taxes, Bloomberg reported. The search giant reportedly used common revenue funnelling techniques to avoid its tax obligations. 0 Comments