Google Getting Really, Really Good at Tax Avoidance

My dad was a tax / estate attorney and he said there’s different kinds of folks who don’t like to pay taxes. Those who evade (work outside the law) and those who avoid (use the tax law to their benefits). Turns out the folks at Google are getting great advice from their accountants. According to Bloomberg Business Week Sergei, Larry, Eric and the gang are only paying 2.4% in taxes to Uncle Sam due to an elaborate structure of offshore companies that somehow allow Google to move their profits to Bermuda where there is no corporate income taxes.