Social Icons

Thursday, January 4, 2018

Google transfers billions to Bermuda


According to the Bloomberg news site, Google has reportedly transferred about 16 billion euros to Bermuda to pay less taxes in Europe.

We must believe that life is expensive in the Californian town of Mountain View, because Google deploys a lot of energy to grow his wool stockings by avoiding the best to pay taxes in countries where it is present. According to the news site Bloomberg, Alphabet - the parent company of Google - would have managed to put 16 billion euros aside through tax breaks.

Bloomberg says Google has managed to protect its international profits from taxes through the tax evasion schemes known as Double Irish and Sandwich Hollandais. Specifically, the move is to "transfer income from an Irish subsidiary to a Dutch company without employees and then to a Bermuda mailbox owned by another company registered in Ireland". By transferring its 16 billion euros to Bermuda, Google would have achieved a nice savings on its taxes. Bloomberg also reports that revenues transferred to Bermuda in 2016 were 7% higher than in the previous year.

"We pay all the taxes and we comply with the tax laws in all the countries where we operate in the world," commented a spokesman for Google Bloomberg. A statement that must have coughed the European and US tax administrations. At the end of 2016, Google had nearly $ 60.7 billion declared abroad and on which the United States demanded a tax, still unpaid. More recently, the Paris Administrative Court canceled a tax adjustment of 1.15 billion euros, which led to a deal behind the scenes between France and Google, as was also the case in Italy and the United Kingdom. United.

Even though Ireland has bridged the legal loophole allowing a company to take advantage of the Double Irish's trick, the companies that used it will still be able to enjoy it until 2020. In short, Google has two more years to put next to...

No comments:

Post a Comment

Python Exercises With Solutions

  1. Exercises on Python Strings
  2. Exercises on Python lists
  3. OOP Exercices with solutions
  4. Exercises on Python File I/O
  5. Python Dictionary Exercises
  6. Python Sets Exercises
  1. Python Arithmetic Exercises
  2. Equations & System Of Equations
  3. Polynomials and Functions
  4. Python Arithmetic Exercises 
  5. Numpy, Matplolib, Sympy , Scipy - Exercises
  6. Python Arithmetic Exercises
  1. Python GUI Tkinter Exercises



Younes Derfoufi

Category Of Mobile Courses

Actualités (644) Adsense (1) Affiliation (1) Algebraic Topology (2) Algorithmic (1) all-news (30) Android (5) Android App (8) Android app without code (4) Android Apps (256) Android Development (4) Android download (2) Android OS (3) AngularJS (1) Automata theory and formal language (5) Bootstrap CSS (1) C programming (5) Category and Functor (8) CMS (3) Computer Glossary (18) Create Mobile App With Ionic Framework (2) CSS (2) CSS-Cascading-Style-Sheets (4) Developpement Java (13) Differential Geometry (1) Django-Python-Framework (9) dropshiping (26) Earn Money by Internet (4) Emplois (23) Framework php (2) Fraud (2) HTML (7) Java For Beginners (10) Javascript (12) Kotlin Programming Language (8) Kotlin For Mobile Android (1) Linux Download (2) Marketing (5) Mobile (3) Mobile Courses (4) Mobile Marketing (4) MoneyGram (1) News (721) Node.js (5) Open Source (1) Photoshop (1) Protect Computer (1) Python (35) Python BeautifulSoup (1) Python For Data Science (2) Python PyQt (5) Python Reference (1) Python Source Code (1) Python-Books (6) Python-DVD-Training (1) Python-Exercises (297) Python-Framework (1) Python-IDE (1) Python-Kivy-Framework (2) Python-Modules (1) Python-pdf (2) Python-pyQt (1) Référencement (2) Script PHP (2) Security (6) SEO (1) Snipping Tool: Faq (1) Social Networks (1) Source Code (4) Statistics With SPSS (2) Surveillance Software (1) Travail à domicile (6) Tutoriels php en vidéos (2) Tutoriels-MySql (6) tutoriels-php (19) Utilitaires (1) VPS (1) Web Hosting (1) Webcam (1) Webmarketing (11) Western Union (1) Windows 10 (1) Windows 7 (4) Windows 7 Faq (2) Windows 8 (1) Windows Accessories (1) Windows Download (8) Windows Drivers (1) Windows Fonts (1) Windows Power Shell (2) Windows Registry (2) Windows Security (18) Windows Software (2) Windows Spyware (2) Windows utilities (3) Windows Virus (2) Windows Vista (3) Windows Wireless (1) Windows xp (1) Wordpress (1)
 

Sample text

Sample Text

 
Blogger Templates