Google routinely evades tax by moving capitals to Bermuda,

and moving their EU profits to their Dutch or Irish companies. Over the years, it’s an estimate of 60 Billions $ that Google may have moved to Bermuda (20Billion Euros for the year 2017 alone!).

Google Chairman Eric Schmidt has claimed that [evading taxes in UK] is “capitalism” and that he was “very proud” of it.

“Google has been fined 2.42bn euros by the European Commission after it ruled the company had abused its power

by promoting its own shopping comparison service at the top of search results.” Yet while this amount of a fine -the largest by the EU- seems ridiculous in comparison to the companies’ profits (about 300M$ per day!) several EU investigations do not seem to advance very fast.

https://fuckoffgoogle.de/no-tax-no-law/

#google #tax