GOOGLE IT.

Google Inc. cut its taxes by $3.1 billion in the last three years 

“………The U.S. corporate income-tax rate is 35 percent. In the U.K., Google’s second-biggest market by revenue, it’s 28 percent…………

…………Google’s income shifting — involving strategies known to lawyers as the “Double Irish” and the “Dutch Sandwich” — helped reduce its overseas tax rate to 2.4 percent,……….

……..The earnings wind up in island havens that levy no corporate income taxes at all. Companies that use the Double Irish arrangement avoid taxes at home and abroad…………

…..“Google’s practices are very similar to those at countless other global companies operating across a wide range of industries………

……….“A company’s obligation to its shareholders is to try to minimize its taxes and all costs, but to do so legally,“…………” 

Bloomberg