IRS Auditing How Google Shifted Profits Offshore to Avoid Taxes

[LiberalArkie]

<http://www.businessweek.com/news/2011-10-13/irs-auditing-how-google-shifted-profits-offshore-to-avoid-taxes.html[br />
The agency is bringing more than typical scrutiny to how the company valued software rights and other intellectual property it licensed abroad, said the person, who requested anonymity because the audit isn’t public. The IRS has requested information from Google about its offshore deals after three acquisitions, including its $1.65 billion purchase of YouTube, the person said. The transfer overseas of these kinds of rights rights has enabled Google to attribute earnings to foreign units that pay lower taxes, Bloomberg News reported a year ago.

[RoccoR5955]

1. Why aren't they investigating the Financial companies?

And others who moved whole factories overseas? Why the hell are they picking on Google? Has Google not greased enough anu.. I mean palms?

[midnight]

4. That was what I was wondering...

[exelwood]

5. Maybe they left a paper trail...

But if it's true then that's evil and their motto is "do no evil". We want government to clean up the corps so clean them up, google or Raytheon, nail 'em all.

[abelenkpe]

2. Why google and not other corporations? nt

[ProgressiveProfessor]

3. Multplie prior posts