3 ms·
2.4%? Their earnings reports say ~16%: https://abc.xyz/investor/pdf/2017Q3_alphabet_earnings_release.pdf https://abc.xyz/investor/pdf/2017Q3_alphabet_earnings_
by valleyer 9y ago
2.4%? Their earnings reports say ~16%: https://abc.xyz/investor/pdf/2017Q3_alphabet_earnings_release.pdf https://abc.xyz/investor/pdf/2017Q3_alphabet_earnings_releas...
Still lower than you'd expect given that the corporate tax rate was 35%, but way different from 2.4%.
- sverige 9y agoSorry, I was looking at older data. Or maybe that's a 16% rate on 0.5% of their actual profits.... https://www.theguardian.com/business/ireland-business-blog-with-lisa-ocarroll/2011/mar/24/google-ireland-tax-reasons-bermuda https://www.theguardian.com/business/ireland-business-blog-w... https://www.zerohedge.com/article/how-googles-refusal-pay-us-taxes-means-us-taxpayers-fund-its-innovation-resulting-benefit-10 https://www.zerohedge.com/article/how-googles-refusal-pay-us...