Google Is Reportedly Hiding Behind Shell Companies To Scoop Up Tax Breaks And Land

New York (The Verge) — Google is reportedly hiding behind shell companies to scoop up tax breaks and land theverge.com/2019/2/16/1822….

Should local communities have the right to know before a big tech company moves in? Should they be able to protest before city planners offer those companies millions or even billions of dollars in incentives? Those were the questions raised when Amazon was promised $1.2 billion in subsidies to bring a new headquarters to New York City, and we’re asking them again today — because The Washington Post reports that Google has been using secret shell companies to nab millions in tax breaks as it expands its data centers and offices across the US.

The Post’s investigation starts with a doozy: Google reportedly hid behind the name “Sharka LLC” to win $10 million in tax breaks for a new data center in Midlothian, Texas, by signing both its development agencies and city officials to NDAs that forbid them from revealing that Google was behind the deal. Google also reportedly used “Jet Stream LLC” to quietly purchase the land. Sean Hollister/@verge

Source: verge, full story

 

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