Google (GOOG) avoided about $2 billion in worldwide income taxes in 2011 by shifting $9.8 billion in revenues into a Bermuda shell company, almost double the total from three years before, filings ...

Google Taxes Avoidance: It is no big secret that large multi-national corporations often times avoid millions (or in this case, billions) in tax payments by moving revenues into offshore companies.

Everyone does it. Rational actors always try to maximize profit. Governments should fix the loopholes used in their own countries, but many are too corrupt / scared to do so. Many government officials ...