BizTaxBuzz: Google Uses Loophole to Cut Tax Rate to 2.4%

October 22, 2010

by John Cummings

Google's masterful exploitation of certain features of the Irish, Dutch, and Cayman Islands tax codes enables it to keep its overseas income tax burden around 2.4 percent, according to a Bloomberg analysis.

Google’s Tax Rate: 2.4% | Source: The Big Fat Finance Blog.

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Got to hand to big G. They are smooth opperators