Google's 'Dutch sandwich' shielded €16 billion from tax
Setup involves shifting revenue from one Irish subsidiary to Dutch company with no employees, then on to Bermuda mailbox owned by another Ireland-registered company.
bloomberg
02.01.2018
Alphabet’s Google moved €15.9 billion to a Bermuda shell company in 2016, saving at least €3.1 billion in taxes that year, regulatory filings in the Netherlands show.
Google uses two structures, known as a 'Double Irish' and a 'Dutch Sandwich,' to shield the majority of its international profits from taxation.