Google Inc. (GOOG): No Passwords, but Yes on Swiss Taxes?

Page 1 of 2

Google Inc. (NASDAQ:GOOG) may still be basking in the success of its quarterly earnings report this week, but it continues to make some news. On this Friday morning, the tech giant is continuing a crusade, while another European country is getting in line on the continent’s own crusade for tax revenue.

LET’S PASS ON THE PASSWORDS

OK, so it isn’t a secret that Google Inc. (NASDAQ:GOOG) has been undergoing a nearly three-year-long battle to eliminate passwords as a system of verification on a majority of Web sites. But a tech writer posted Friday morning that a research paper regarding a protocol for online verification is due out in the next few days, that is designed to shed light on the company’s latest project designed to eliminate the need for passwords.

Sergey BrinThis latest project is supposedly involves a finger-ring, a piece of authentication hardware and a protocol that would link those pieces to the various web sites. The paper is being prepared by Google Inc. (NASDAQ:GOOG) executive Eric Grosse and engineer Mayank Upadhyay, who are also expected to discuss authentication by a device – like using a smartphone or tablet’s IP address to verify a user’s identity.

GIVE THE SWISS MORE CHEESE!

Various countries in the European Union have targeted multinational companies like Google Inc. (NASDAQ:GOOG) and Amazon.com Inc. (NASDAQ:AMZN), which have legally found loopholes in EU taxation rules to minimize their tax bills in individual countries. Well now, non-EU member Switzerland, which houses the largest Google headquarters outside the U.S., is beginning a push to get more tax revenue from Google. Due to the loopholes, though Google has a headquarters in Zurich, pays “virtually no” corporate taxes to Switzerland, thanks to channeling much of its revenue through more tax-friendly locations.

Is this another case of Google Inc. (NASDAQ:GOOG) skirting tax rules?

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

The 10 Longest Wars of All Time

The 13 Worst Looking Foods that Taste Great

The 6 Most Gruesome Injuries Suffered During a Sports Match

The 20 Biggest Contracts in MLB History

The 7 Worst Blown Calls in Sports History

7 Free Ways to Advertise Your Business Online

The 18 Best R&B Songs of the 90’s

The 10 Most Dangerous States to be a Cop

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!