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Actually, if you go read the longer version of the article at http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-billion-u-s-revenue-lost-to-
by Matt_Cutts 16y ago
Actually, if you go read the longer version of the article at http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-shows-how-60-billion-u-s-revenue-lost-to-tax-loopholes.html http://www.bloomberg.com/news/2010-10-21/google-2-4-rate-sho... you'll find that Google's overall effective tax rate was 22.2 percent last year. The BusinessWeek version of the article is radically shorter and suffered for those edits, in my opinion.
- borism 16y agoOK, let's make it clear once and for all: 22.2% - overall effective tax rate in US in 2009 (compared to 27.8% in 2008) 2.4% - average overseas tax rate 2007-2009 (that's what they pay to the Rest of the World, where they earn 88% of profit)