Based on their accounting, Google has a new mantra: “Don’t Pay Taxes” @google

from http://shortformblog.com/biz/google-taxes-income-shifting/

• 35% the current corporate tax rate in the United States
• 2.4% the amount Google pays, thanks to fancy accounting source

• » How do they do it? Well, the search giant uses income-shifting methods referred to by lawyers as the "Double Irish" and the "Dutch Sandwich," which sound like endlessly fascinating names for avoiding taxes. It involves a lot of money-shifting between various countries – Ireland, Bermuda, The Netherlands. But the end result saved Google $3.1 billion in taxes in the last three years, which probably helps them afford investing in self-driving cars and stuff.