Please create an account to participate in the Slashdot moderation system


Forgot your password?
Slashdot Deals: Cyber Monday Sale Extended! Courses ranging from coding to project management - all eLearning deals 20% off with coupon code "CYBERMONDAY20". ×

How Google Avoided Paying $60 Billion In Taxes 1193

bonch writes "Google only pays a 2.4% tax rate using money-funneling techniques known as the 'Double Irish' and the 'Dutch Sandwich,' even though the US corporate income tax is 35%. By using Irish loopholes, money is transferred legally between subsidiaries and ends up in island sanctuaries that have no income tax, giving Google the lowest tax rate amongst its technology peers. Facebook is planning to use the same strategy."

Microsoft Slugs Mac Users With Vista Tax 661

An anonymous reader writes "Mac users wanting to run Vista on their Macintosh, alongside Mac OS X programs, will have to buy an expensive version of Vista if they want to legally install it on their systems. The end-user license agreement for the cheaper versions of Vista (Home Basic and Home Premium) explicitly forbids the use of those versions on virtual machines (i.e., Macs pretending to be PCs)." Update: 02/08 17:50 GMT by KD : A number of readers have pointed out that the Vista EULA does not forbid installing it via Apple's Bootcamp; that is, the "tax" only applies to running Vista under virtualization.

"No, no, I don't mind being called the smartest man in the world. I just wish it wasn't this one." -- Adrian Veidt/Ozymandias, WATCHMEN