Hacker News new | ask | show | jobs
by relearn 3640 days ago
>So basically Google inc (in a tax haven) makes Google Spain pay for the use of the Google brand 8 billions. Google Spain never makes a profit since it needs to pay a fee for using the brand, thus never have to pay taxes on their huge profit, that's how they get away with it.

I've seen you post this several times. Do you have a source that I could read up on this?

1 comments

It's a bit more complicated than that, but yes, it seems that that's how it works: https://en.wikipedia.org/wiki/Double_Irish_arrangement