A Microsoft subsidiary used Bermuda to avoid paying taxes on $315 billion in profit
A Microsoft subsidiary used Bermuda to avoid paying taxes on $315 billion in profit Dodging tax consequences like Neo dodges bullets. When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works. What you need to know Got $315 billion worth of profit lying around and want to learn how to avoid paying even a penny’s worth of taxes on any of it? Ask Microsoft Round Island One, an Irish subsidiary of MS that used its Bermudian resident status to do just that....