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Technique allowed the tech giant to delay paying US taxes on international earnings for years, and pay a lower tax rate overseas
International tax authorities were welcoming in the New Year after Google’s parent company, Alphabet, announced it will no longer use a notorious tax loophole known as the “Double Irish, Dutch sandwich”.
The technique allowed the tech giant to delay paying US taxes on international earnings for years, and pay a lower tax rate overseas. It is thought to have allowed (...)