{"id":6435,"date":"2012-12-10T14:31:10","date_gmt":"2012-12-10T19:31:10","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=6435"},"modified":"2012-12-10T14:31:10","modified_gmt":"2012-12-10T19:31:10","slug":"google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/","title":{"rendered":"Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#124; Bloomberg"},"content":{"rendered":"<p>Jesse Drucker writes:<\/p>\n<blockquote style=\"background-color:#ddddff;\"><p>Google Inc. (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show&#8230;&#8230;<\/p><\/blockquote>\n<p>Read more at <a href='http:\/\/www.bloomberg.com\/news\/2012-12-10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion.html'>Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#8211; Bloomberg<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jesse Drucker writes: Google Inc. (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show&#8230;&#8230; Read more at Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#8211; Bloomberg.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[34],"tags":[834,1593],"class_list":["post-6435","post","type-post","status-publish","format-standard","hentry","category-us-canada-countries-regions","tag-corporate-taxes","tag-google"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#124; Bloomberg - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#124; Bloomberg - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Jesse Drucker writes: Google Inc. (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings show&#8230;&#8230; Read more at Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#8211; Bloomberg.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-12-10T19:31:10+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#124; Bloomberg\",\"datePublished\":\"2012-12-10T19:31:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/\"},\"wordCount\":58,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"corporate taxes\",\"Google\"],\"articleSection\":[\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/\",\"name\":\"Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#124; Bloomberg - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2012-12-10T19:31:10+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/google-revenues-sheltered-in-no-tax-bermuda-soar-to-10-billion-bloomberg\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Google Revenues Sheltered in No-Tax Bermuda Soar to $10 Billion &#124; Bloomberg\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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Grattan\u2019s \u2018Property Taxes\u2019 report.....explores how imposing a broad-based property levy could help Australia\u2019s state\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37815,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/09\/29\/alphabet-inc-googl-2\/","url_meta":{"origin":6435,"position":1},"title":"Alphabet Inc (GOOGL)","author":"Colin Twiggs","date":"September 29, 2022","format":false,"excerpt":"Stock: Alphabet Inc Exchange: Nasdaq Symbol: \u00a0GOOGL Date: 28-Sep-22 Latest price: $100.05 Market Cap: $1.3 T Fair Value: $111.94 Forward DY: - Payback (Years): 13 Financial Y\/E: 31-Dec-22 Rating: HOLD Sector: Technology Industry: Internet Content & Information Investment Theme: Long-term Growth Structural Trends: Online Services Summary Alphabet Inc (GOOGL) is\u2026","rel":"","context":"In &quot;International Growth&quot;","block_context":{"text":"International Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/international-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5432,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/12\/raising-taxes-73-of-nothing-is-nothing\/","url_meta":{"origin":6435,"position":2},"title":"Raising taxes: 73% of nothing is nothing","author":"Colin Twiggs","date":"September 12, 2012","format":false,"excerpt":"President Francois Hollande recently increased the top income tax rate in France to 75 percent -- for incomes in excess of \u20ac1 million. This is part of a wider trend with President Obama targeting the wealthy in his election campaign, promising to raise taxes on incomes in excess of $1\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2295,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/11\/23\/economonitor-economonitor-solving-americas-debt-crisis\/","url_meta":{"origin":6435,"position":3},"title":"Menzie Chinn \u00bb \u201cSolving America\u2019s Debt Crisis\u201d","author":"ColinTwiggs","date":"November 23, 2011","format":false,"excerpt":"In principle, solving the nation\u2019s debt problems is easy. Almost all experts agree that a combination of reduced spending and increased tax revenues is needed. Cuts in spending and increases in tax revenues equal to about 5 percent of GDP are required to prevent an increase in the debt-to-GDP ratio.\u2026","rel":"","context":"In &quot;US &amp; Canada&quot;","block_context":{"text":"US &amp; Canada","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/us-canada-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18463,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/06\/25\/alphabet-inc-googl\/","url_meta":{"origin":6435,"position":4},"title":"Alphabet Inc. (GOOGL)","author":"Colin Twiggs","date":"June 25, 2019","format":false,"excerpt":"Stock: Alphabet Inc. Exchange: NASDAQ Symbol: GOOGL Date: June 24, 2019 Latest price: $1,116.70 Market Cap: $775.3 bn Fair Value: $1,106.00 Forward P\/E: 24.3 FV Payback: 12 years Financial Y\/E: December 31 Rating: Buy Sector: Technology Industry: Internet Content & Information Investment Theme: Long-term Growth Structural Trends: Online Services GOOGL\u2026","rel":"","context":"In &quot;International Growth&quot;","block_context":{"text":"International Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/international-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12515,"url":"https:\/\/thepatientinvestor.com\/index.php\/2015\/11\/15\/the-planned-obsolescence-of-the-public-interest-on-line-opinion\/","url_meta":{"origin":6435,"position":5},"title":"The planned obsolescence of the public interest | On Line Opinion","author":"ColinTwiggs","date":"November 15, 2015","format":false,"excerpt":"Great example of how land taxes can be used to fund new infrastructure, from Karl Fitzgerald, Projects Coordinator for Earthsharing Australia: After decades of tax reviews, Treasury is finally modelling the effect of Land Taxes on the macroeconomy..... Former New York Mayor Bloomberg grasped the economic potentials by reaching out\u2026","rel":"","context":"In &quot;Stock Markets&quot;","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=6435"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/6435\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=6435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=6435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=6435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}