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News & updates • 1m

Google’s $19B Loophole Google saved $19,000,000,000 in taxes last year. That’s because they’ve one company in Ireland for operations, sales, and employees. And another in Bermuda with zero employees but all the intellectual property. Ireland Google pays Bermuda Google huge royalties to use that IP. Then the profits get funneled straight to Bermuda, a country with zero corporate tax. Imagine if you applied just 1% of that thinking to your own income…

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