Description:Â Google Inc. (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show.
Source:Â Bloomberg.com
Date: Dec 10, 2012
Questions for Discussions:
- Explain how tax laws have influenced financial planning at Google.
- Is there anything ethically wrong with management’s decisions?
- How should government respond to the situation?
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