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News In Brief

Google’s "transfer pricing" doesn’t look so innocent

Kai Ryssdal Oct 21, 2010

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?

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