Getting your Trinity Audio player ready... ROME — Google avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the ...

Google (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings ...

Google Taxes Avoidance: It is no big secret that large multi-national corporations often times avoid millions (or in this case, billions) in tax payments by moving revenues into offshore companies.

Bermuda’s decision to sign up to a country-by-country reporting agreement for multinational companies could be used to target shell companies using the island for tax avoidance. Bradley Kading, ...