Google corportation tax rate : 2.4%

  1. ThomasE profile image74
    ThomasEposted 7 years ago

    "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, … 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.