Washington Post – Google slashes overseas tax rate through ‘Double Irish’ and ‘Dutch Sandwich’ strategy

NEW YORK – By employing strategies known to lawyers as the “Double Irish” and the “Dutch Sandwich,” Google cut its taxes by $3.1 billion in the past three years – moving most of its foreign profit through Ireland and the Netherlands to Bermuda.

Google’s income shifting helped reduce its overseas tax rate to 2.4 percent, the lowest of the top five U.S. technology companies by market capitalization, according to regulatory filings in six countries.

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