google expected to reveal growth of offshore cash funds to $43bn /

Published at 2016-01-27 00:05:48

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Tech companys 2015 earnings will be announced next week as governments aim to crack down on Google’s controversial tax avoidance arrangementsGoogle is poised to confirm next week that controversial tax structures in Ireland,the Netherlands and Bermuda have boosted its offshore cash mountain to more than $43bn (£30bn), figures from financial analysts propose.
Despite gover
nments around the world promising to crack down on the tech company’s tax avoidance arrangements, and Wall Street analysts are confident Google will continue to salt absent profits in Bermuda for years to come. Continue reading...

Source: theguardian.com

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