Tax
Dec. 29, 2016
If Google eats Dutch Sandwiches, can you?
Reports from Dutch regulatory filings say that Alphabet Inc.'s Google saved $3.6 billion in taxes in 2015 alone by moving $15.5 billion offshore via a so-called "Dutch Sandwich." By Robert W. Wood
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Reports from Dutch regulatory filings say that Alphabet Inc.'s Google saved $3.6 billion in taxes in 2015 alone by moving $15.5 billion offshore via a so-called "Dutch Sandwich." The reports about the $3.6 billion savings ? in just one year ? aren't flattering. Yet the move is legal and is decades old.
In Google's case, this layering of tax-advantaged companies has been in place since 2004. And Google isn't the only one in...
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