The Verge -
31 Dec 2019 22:11
Illustration by Alex Castro / The Verge The era of Google using a pair of controversial loopholes to save billions of dollars in taxes on overseas ad revenue is coming to a close, according to a new report from Reuters. In 2020, the company will no longer take advantage of the so-called "Double Irish" and "Dutch sandwich" loopholes, which allowed it and countless other corporations to shift money from Ireland to the Netherlands and Bermuda, sheltering billions from taxes in the process. The move...
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