According to files obtained by Bloomberg, Google used the so-called "Double Irish" and a "Dutch Sandwich" tax avoidance method.

The scheme is complicated. First, Google’s taxes outside the US are sent to Ireland to Google Ireland Limited. Then, the profits are sent to the Netherlands, which is also acknowledged for low corporate taxes.

Then, the money is sent from the Dutch subsidiary to a Bermuda shell company known as Google Ireland Holdings Unlimited, which has no employees but has the rights to Google's intellectual property.

Bloomberg further reported that using the tax avoidance scheme Google sent 40 percent more of its profits in 2015 than in 2014. In total, Google has sheltered $58.3 billion from US taxation, according to parent company Alphabet’s filings.

While Ireland closed the loophole last year, corporations may still enjoy it until 2020.

The report may be of interest to the EU antitrust chief Margrethe Vestager, who has recently been tackling inappropriate behavior of US companies on the European market.

Just on Tuesday, the European Commission found Facebook guilty of providing misleading information before winning approval to buy the WhatsApp messenger in 2014. The company is facing a fine of up to one percent of annual sales.

In August, Apple was fined €13 billion after a European investigation concluded Ireland provided the iPhone maker with a favorable tax rate.

Vestager is also digging into major US corporations like McDonald’s, Starbucks and Chrysler.

On Wednesday, the Swedish firm’s spokeswoman Johanna Iritz said the firm takes the matter seriously, adding: “we can’t guarantee safety”.

The trend reportedly started when two teenagers spent the night in an Ikea store in Belgium in August this year, then posted a video of their exploits online.

According to the Associated Press, Iritz said Ikea has recorded about 10 such incidents in the past year in the United States, Canada, Britain, Belgium, the Netherlands, Sweden, Japan, Australia and Poland. The agency said it was unclear whether anyone had been prosecuted.

In Chinese stores, sleepers are actually encouraged to try out Ikea furniture. Photograph: Kevin Frayer/Getty Images
In August, Florian Van Hecke and Bram Geirnaert hid in wardrobes in an Ikea store in Belgium – coming out once it had closed. They filmed themselves using the display furniture overnight and finally left the store without being caught. Their video on YouTube was subsequently viewed more than 1.7m times.

The latest incident involved two 14-year-old girls trying to stay over in an Ikea branch in Jönköping, Sweden, last weekend. According to local media, the firm did not report the incident because of the girls’ age.

“Instead, we have spoken with their parents … to resolve the situation. We hope that this trend will slow. We do not see what it is fun about it,” an Ikea spokesman told Aftonbladet.

Speaking on Wednesday, Iritz reiterated that the fun associated with sleeping over in an Ikea store after closing time was “overrated”.

Her statement comes two years after Ikea invited people to stay over in one of its Australian stores as part of a joint publicity stunt with Airbnb. Ikea listed one of its Sydney stores on the homesharing website.

At that time, the firm said the opportunity promised “guests a truly unusual experience, where the Ikea bedroom displays will be transformed into a quirky accommodation option”.

He recalled that Kuwait has rendered financial assistance of USD 500.0 thousand during dzud of 2000-2001 winter and aid for eliminating the damages caused by last summer’s flood in Bayan-Olgii.

The Speaker also underlined that, while noting the bilateral political and economic relations has been progressing rapidly within the last couple decades, the people of Mongolia are always grateful for the developments constructed on the financing of Kuwait, such as the road constructions and the project on Taishir’s Hydropower Plant. “The research center, initiated by Your Highness has been operating in Ulaanbaatar with success and is conducting the feasibility study for expansion project of Undurkhaan Airport”, added Mr Enkhbold.

As Your Highness is well acquainted with Mongolia, he said, we have sea of cooperation opportunities in mining, agriculture, tourism, construction and infrastructure.

Chairman of the SGK M.Enkhbold added that the new cabinet has been working for attracting more foreign investment, protecting investors’ interests and sophisticating the legal and business grounds for promoting international investments to Mongolia.

In turn, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah said “We always appreciate Mongolia’s support for Kuwait in times of Iraq war. Please make Yourself at home. Although the weather has been stern for the recent days in our country, I believe this is nothing for Mongolians. Please convey my gratitude along with my greetings to the President of Mongolia”.

Expressing his hope that the issues of loan and financial assistance by the Kuwiat Fund would be settled with positive results, the Emir noted that Kuwait itself has been facing some economic decline in regard to the fall of oil price. “Nevertheless, our side will be willing to give a helping hand to our Mongolian friends”, he went on. His Highness the Emir said that he recognizes the Speaker’s visit to his country of great importance as it is crucial to strengthen cooperation and friendship between the peoples and the legislative bodies.

At the end this meeting, His Highness the Emir wished prosperity to the growth of Mongolia and wellbeing and happiness to the people.

“The Dalai Lama’s visit by the invitation of Gandan Monastery negatively affected two countries and these two countries have a misunderstanding,” Mongolian Foreign Minister Munkh-Orgil Tsend told the Onoodor newspaper Wednesday. “The government feels sorry for this,’’ he said, adding that the Dalai Lama “probably won’t be visiting Mongolia again during this administration.’’

The Mongolian foreign ministry declined to provide further information when asked about the minister’s comments.

China called off talks with Mongolian senior officials after the Dalai Lama’s four-day visit to Ulaanbaatar beginning Nov. 18. Mongolia has been seeking soft loans from sources including China and the International Monetary Fund as it struggles with a $1 billion budget gap and looming debt repayments.

A traditionally Buddhist nation that has deep historical ties to Tibet, Mongolia has hosted the current Dalai several times since 1979. Past visits have been met with reprisals from Beijing, which considers the Dalai Lama to be a separatist leader and routinely condemns nations that give him a platform to speak.

Chinese Ministry of Foreign Affairs spokeswoman Hua Chunying said at a regular news briefing Wednesday in Beijing that China “attaches great importance to the explicit statement made by the Mongolian foreign minister.”

“China’s stand on Tibet-related issues is firm and clear,” Hua said. “We hope that Mongolia will truly learn lessons from this incident, truly respect the core interests of China, honor its promise and make efforts to improve the relations between China and Mongolia.”