"Google Inc. cut its taxes by $3.1 billion in the last three years ... [that] ... helped reduce its overseas tax rate to 2.4 percent"
--- bloomberg, http://www.bloomberg.com/news/2010-10-2 … holes.html .
I guess that's something to think about for all the google lovers out there... the corporation does everything legal that it can to game the system.
For comparison... if I start a local window cleaning business I would be paying over 20% corporation tax. I guess google can hire better accountants than me, it can afford to get around the system.
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