Posted by & filed under Part 1 Business in a Global Environment, Part 6 Managing Financial Resources.

Description:  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:  Bloomberg.com

Date: Dec 10, 2012

Link:  http://www.bloomberg.com/news/2012-12-10/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion.html

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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