GoogleTaxesAndLaw

Google breaking the law

"What Google has done is illegal under EU antitrust rules," declared Margrethe Vestager, the European Union's Competition Commissioner. "It has denied other companies the chance to compete on their merits and to innovate, and most importantly it has denied European consumers the benefits of competition, genuine choice and innovation."

Google hit with record EU fine for anti-competitive Practices

Ongoing Antitrust EU investigations

Antitrust: Commission sends Statement of Objections to Google on comparison shopping service; opens separate formal investigation on Android

Antitrust: Commission takes further steps in investigations alleging Google's comparison shopping and advertising-related practices breach EU rules*

Google evading taxes

"the chair of the United Kingdom Public Accounts Committee, accused Google of being "calculated and [...] unethical" over its use of the scheme.[1] Google Chairman Eric Schmidt has claimed that this scheme of Google is "capitalism",[2] and that he was "very proud" of it.[3]"

Criticisms of Google - Wikipedia

How Google and Apple Make Their Taxes Disappear - Newsweek

"On Friday, Reuters reported that in 2014 the tech giant—which now falls under parent company Alphabet—transferred 11.7 billion Euros (approximately $13 billion) to Bermuda in an effort to minimize the taxes it had to pay on its income through a little tax maneuver that has been dubbed a "Double Irish with a Dutch Sandwich." In the simplest of terms, Google , like many multinational corporations, used differences in the Irish and American tax codes to its advantage. A portion of Google’s profits are paid to an Irish affiliate as royalties on its patents (which are taxed at a lower rate). To further avoid taxes, this money is then routed to the company’s Dutch subsidiary, Google Netherlands Holdings BV. From there, the company tranfers its revenue to another affiliate, Google Ireland Holdings, which is based in the notorious tax haven of Bermuda—but registered in Ireland, Reuters reports. So there you have it—double Irish with a Dutch sandwich."

Google Moved Billions Of Dollars To Bermuda To Avoid Taxes... Again - Forbes