Google chairman Eric Schmidt ‘perplexed’ about foreign income tax controversy

"What we are doing is legal. I'm rather perplexed by this debate, which has been going in the UK for some time, because I view taxes as not optional," the former Google CEO and current chairman said today.

Apple saves $9.2 billion in taxes … by borrowing $17 billion

There's a reason the rich get richer, and wealthy corporations get wealthier. They're smarter than the rest of us, and they have more financial tools at their disposal.

Google makes $10 billion in revenues in Bermuda? Well, kinda …

Google's not just smart about search, mobile operating systems, and online advertising. The company is also very smart about keeping the money it earns via clever tax avoidance schemes.