economics, ethics, government

how Google (and myself) avoid taxes

I’m in Bermuda right now … hiding my vast wealth. 😀

According to the latest available figures, 63 percent of all the profits made outside of the United States by American multinationals are now reported in six low- or zero-tax countries: the Netherlands, Bermuda, Luxembourg, Ireland, Singapore and Switzerland. …

The NY Times has a comparatively simple article with graphics explaining how the stupidly rich hide their money … legally.

How Corporations and the Wealthy Avoid Taxes  (and How to Stop Them)

How do we know?

Much was revealed from the Swiss Leaks (2015), the Panama Papers (2016) and the Paradise Papers (2017).

Only one entity was sued after the Panama Papers.


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