Goggle’s Bermuda hideaway/HSBC’s too-big status: time to rein in the corporations!
by Linda Beale Goggle’s Bermuda hideaway/HSBC’s too-big status: time to rein in the corporations! If you are a company that depends on IP for a lot of your revenue, you may be able to avoid considerable taxes by funneling profits from subsidiaries in high-tax countries into a Bermuda shell company. Google avoided about $2 billion […]