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Bermuda black hole refers to base erosion and profit shifting (BEPS) tax avoidance schemes in which untaxed global profits end up in Bermuda, which is considered a tax haven. The term was most associated with US technology multinationals such as Apple and Google who used Bermuda as the "terminus" for their Double Irish arrangement tax structure.

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  • Bermuda Black Hole (en)
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  • Bermuda black hole refers to base erosion and profit shifting (BEPS) tax avoidance schemes in which untaxed global profits end up in Bermuda, which is considered a tax haven. The term was most associated with US technology multinationals such as Apple and Google who used Bermuda as the "terminus" for their Double Irish arrangement tax structure. (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/United_Kingdom_on_the_globe_(Bermuda_special)_(Americas_centered).svg
  • http://commons.wikimedia.org/wiki/Special:FilePath/List_of_sink-OFCs,_ordered_by_sink_centrality_value.png
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  • Bermuda black hole refers to base erosion and profit shifting (BEPS) tax avoidance schemes in which untaxed global profits end up in Bermuda, which is considered a tax haven. The term was most associated with US technology multinationals such as Apple and Google who used Bermuda as the "terminus" for their Double Irish arrangement tax structure. (en)
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