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All the money that Google keeps offshore to avoid paying taxes on is money that was taken in over seas, and so would only be taxed by the federal government on
by Symmetry 13y ago
All the money that Google keeps offshore to avoid paying taxes on is money that was taken in over seas, and so would only be taxed by the federal government on repatriation. Even if they brought it all back to the US next year SF wouldn't see a cent of it.
- blahbl4hblahtoo 13y agoIt's only "earned overseas" because Google pays foreign subsidiaries money from its US operating company. Its a dodge and everyone knows it.