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The Tax Haven That's Saving Google Billions

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Re: The Tax Haven That's Saving Google Billions

#61
post #40

Earlier quoted context omitted.

Which is still ridiculously well below the stated 35% corporate tax rate in the USA (source--IRS http://www.irs.gov/pub/irs-pdf/i1120.pdf )

Note: I am only speaking for myself personally, not for my employer. I did a little searching, and http://www.reuters.com/article/2011/07/27/us-microsoft-tax-i... says that in their last fiscal years, - Microsoft had an overall effective worldwide tax rate of 17.5%. - Google's effective tax rate was 21%. - Apple's effective tax rate was 24%. - IBM's effective tax rate was 25%. Then with a bit more digging into (indep…

The reason why people single Google out is because you act like you do no wrong... See the article quote: "flying a banner of doing no evil, and then they're perpetrating evil under our noses"

You are like an in the closet politician that is against gay marriage.

Re: The Tax Haven That's Saving Google Billions

#62
post #25

Earlier quoted context omitted.

Does this get any easier if you do the original incorporation offshore?

Yes possibly, if you're able to source the income offshore and keep it away from the united states. Then you'd be able remove it easier. But, as a shareholder that owns more than 10% of the company. It effectively cancels any of the tax benefits. There are some creative ways to remove yourself from the equation but it's pretty complicated. Is this Brian? lol

Yep that's me, always interested in this sort of thing.
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