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<title>Google slashes overseas tax rate through &#x26;#x27;Double Irish&#x26;#x27; and &#x26;#x27;Dutch Sandwich&#x26;#x27; strategy</title>
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<description>NEW YORK - By employing strategies known to lawyers as the &#x26;#x22;Double Irish&#x26;#x22; and the &#x26;#x22;Dutch Sandwich,&#x26;#x22; Google cut its taxes by $3.1 billion in the past three years - moving most of its foreign profit through Ireland and the Netherlands to Bermuda. Google&#x26;#x27;s income shifting helped reduce its overseas tax rate to 2.4 percent, the lowest of the top five U.S. technology companies by market capitalization, according to regulatory filings in six countries. &#x26;#x22;It&#x26;#x27;s remarkable that Google&#x26;#x27;s effective rate is that low,&#x26;#x22; said Martin Sullivan, a tax economist with Tax Analysts. &#x26;#x22;We know this company operates throughout the world...</description>
<author>WaPo</author>
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<pubDate>Mon, 1 Nov 2010 12:46:44 GMT</pubDate>
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