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The post box in Bermuda numbered 666 which receives Google profits worth £8BILLION a year
Wednesday, February 3, 2016 18:16
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- Google has no offices or staff in Bermuda but sends billions of profit there
- Island has a 0 per cent rate of corporation tax and is used as a tax haven
- But Google claims it has no 'permanent base' in the UK despite vast offices
- Britain lobbied EU not to put sanctions on Bermuda for sheltering tax
Google has no office, no staff and little more than a plain PO Box numbered 666 on the sunny Caribbean Island of Bermuda.
But it still sends £8billion in profits a year to the island – which happens to have a 0 per cent corporation tax rate.
Google's communications chief Peter Barron today insisted the billions of pounds funnelled from the search engine's global network of subsidiaries had no impact on the firm's tax bill in Britain …. http://www.dailymail.co.uk
Source: http://luismmx.blogspot.com/2016/02/the-post-box-in-bermuda-numbered-666.html
