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Double EPS (non-GAAP) from $7.73 to $13.33... On the downside, effective tax rate is down to 11%. That's concerning because the EU is very unhappy about the wh
by sounds 8y ago
Double EPS (non-GAAP) from $7.73 to $13.33...
On the downside, effective tax rate is down to 11%. That's concerning because the EU is very unhappy about the whole "double Irish with a Dutch sandwich."
- lawrenceyan 8y agodouble EPS. I love how normal this has become that people aren't even that shocked anymore when numbers like these get released. republican taxes lmao
- hbosch 8y agoEPS was inflated due to new accounting practices. Actual is around $9.93 or therabouts – I believe it was inflated due to $GOOG finally disclosing their myriad investments, with the leader being Uber.
- raesene9 8y agoMost of the change is due to a one time change in accounting policy, operating income was up but "only" by $500m, whereas the impact of the change in accounting was over $3b
- fjsolwmv 8y agoWhat does EU care about how much Google pays in US tax?
- kgwgk 8y agoThat’s the global tax.