Google’s "transfer pricing" doesn’t look so innocent
This final note today. Bloomberg News reported this morning Google has saved more than $3 billion in three years, thanks to the help of a tax haven in Bermuda.
Sure, Microsoft and Facebook do it. And the IRS signed off on the deal.
It’s called “transfer pricing” and technically it’s legal.
But how’s it mesh with that whole “don’t be evil” thing?
Cheers to trustworthy journalism!
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