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Intellectual property to subsidiary in low-tax environment

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Reference no: EM133308191

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Google's offshore tax strategy which is based on repositioning the ownership of much of its intellectual property to a subsidiary in a low-tax environment, and then establishing high transfer prices on various forms of services and overheads to other units, positioning most of the profits in the near-zero tax environment of Bermuda is called.

Reference no: EM133308191

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