Title: The case of Google: the irrational exuberant taxation of intellectual informational enterprises

Authors: Abraham J. Briloff, Leonore A. Briloff

Addresses: Suite 1600, 274 Madison Avenue, New York, NY 10016, USA. ' 209 East 56th Street, New York, NY 10022, USA

Abstract: Abraham J. Briloff|s article entitled |Google|s SOS to the SEC| (Jan 29-Feb. 11, 2007, Accounting Today) examined Google|s July 2006 appeal to rescue it from a tsunami that was flooding its banks with billions of billions of dollars. The ill wind inducing this dilemma for Google was the Securities and Exchange Commission rule that requires a registrant with investments (excluding US Treasuries) that exceed 40% of its total assets to follow the much-stricter rules applicable to mutual funds – a fate that Google wanted to avoid. The contingency that then confronted Google appears to have passed. In any event, we have not heard any further alarms. That article also considered in some detail Google|s very special tax minimisation circumstances; those circumstances still prevail and instigate this follow up article.

Keywords: Google; taxation; Securities and Exchange Commission; SEC; banking; intellectual property rights; IPR; copyright; securitisation; tax minimisation; USA; United States; intellectual information.

DOI: 10.1504/IJCA.2009.025330

International Journal of Critical Accounting, 2009 Vol.1 No.1/2, pp.58 - 64

Published online: 19 May 2009 *

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