Roundup of Reactions to Google's Earnings (GOOG) [View article]
How is it that the company was taxed at a rate of over 40% for the quarter? That seems to be above the top US corporate tax rate, whereas it should be below that rate due to: (1) allocation of part of income to international taxed at lower rates; (2) $90M donation to Google foundation. Perhaps instead of saying they are doing no evil, they should just give a thorough explanation.
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How is it that the company was taxed at a rate of over 40% for the quarter? That seems to be above the top US corporate tax rate, whereas it should be below that rate due to: (1) allocation of part of income to international taxed at lower rates; (2) $90M donation to Google foundation. Perhaps instead of saying they are doing no evil, they should just give a thorough explanation.
Feb 01 08:55 am
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All Comments by Josh »Roundup of Reactions to Google's Earnings (GOOG) [View article]