Google to Keep 30 Billion Overseas

Google, the US search giant, has been facing some criticism lately for keeping approximately $30 billion overseas. Google currently derives over half its revenue overseas but avoids paying US taxes on the funds by keeping the cash offshore. In a report submitted to the U.S. Securities and Exchange Commission, Google has stated: “It is reasonable […]

The post Google to Keep 30 Billion Overseas appeared first on Beanstalk's Internet Marketing Blog.

Comments are closed.