'Dutch Sandwich' Tastes Like 16B Euros to Google

Google has shielded almost 16B euros in profits in 2016 by utilizing the ‘Dutch Sandwich’ tactic. Basically, they move their profits from an Irish subsidiary to a Dutch company without employees, and then to an Ireland-registered company with a Bermuda mailbox. This is a lot of money that’s not taxed and the EU wants part of it, but after prevailing in court over a French effort to get 1.12B euros in taxes – I’d say that Google is going to get to keep this little tax haven for a few more years.



“We pay all of the taxes due and comply with the tax laws in every country we operate in around the world,” a Google spokesman said in a statement. “We remain committed to helping grow the online ecosystem.”

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Source: [H]ardOCP – ‘Dutch Sandwich’ Tastes Like 16B Euros to Google