News for hackers. Stuff that matters.

A comment on Alphabet Announces Fourth Quarter and Fiscal Year 2016 Results. Parent comment

Re:Alphabet Announces Fourth Quarter and Fiscal Year 2016 Re... by btian on Friday January 27, 2017 @11:34AM (#13500733)
Where did you get the 35% number from?

You know Google is a global company, right? Corporate income tax rate in Ireland is 12.5%.

Have you seen any global company paying 35% income tax?

[ Parent | on HN ]
Re:Alphabet Announces Fourth Quarter and Fiscal Year 2016 Re... by neximo64 on Friday January 27, 2017 @08:15PM (#13504188)
Does that mean that its profits would be volume weighted based on where they're earned? Because they still do not match up, 12.5% would be the lower boundary - of which Google was below on many years. What you've come up with is a rationalisation.

There is no way you can spin it, there is clear avoidance & the excuse is a battle on details of the law.

[ Parent | on HN ]