search giant

to reduce your tax bill of $ 1 billion a year to channel the profits of subsidiaries of low tax rates

U.S. tax authorities are studying the strategies used by Google to reduce your tax bill by about $ 1 billion (£ 635m) a year to channel the benefits of U.S. and European subsidiaries with tax rates low.

Internal Revenue Service

requested information from Google about their offer on the high seas after three acquisitions, including the purchase of YouTube in 2006, according to Bloomberg.

Fonts

said it was "to take an examination more traditional" techniques known as "double Irish" and "Dutch sandwich", which move through the units of income in Ireland the Netherlands, and Bermuda.

shuffle the complex legal and revenue is used by a number of U.S. multinationals. However, tactics Treasury U. S. cost an estimated $ 90 billion in tax revenue in 2008, according to Kimberly Clausing, Reed professor of economics at the College.

more than three years, Google has saved an estimated $ 3.1 billion in tax revenue through a subsidiary in Bermuda, where the corporate tax rate is zero.

In 2009, the latest year for which records are available, the branch collected ? 4.34bn euros (£ 3.9 billion) in royalties from a unit of Google in the Netherlands, according to a Dutch paper company.

administrative expenses largely related to copyright (or license fee) Google pays its headquarters to Bermuda to the right to operate.

Notes to the show "administrative costs" increased significantly between 2008 and 2009 - for ? 794m - due to the increase in the number of employees, sales and marketing and "fees paid by result of increases recorded in the billing. "

The IRS has approved an important part of Google's strategy. In 2006, the agency has signed a deal between the companies that moved in 2003 the rights of foreigners to its search technology achieved an Irish subsidiary called Google Holdings in Bermuda, Ireland.