Saturday, May 5, 2012

In #Australia, #Google Pays Just $74k Tax On Claimed Revenues of $200 Million »

Deci Bert

8:35 AM  -    -  Public
In Australia, Google Pays Just $74k Tax On Claimed Revenues of $200 Million »
daria42 writes "Looks like Apple isn't the only company with interesting offshore taxation practices. The financial statements for Google's Australian subsidiary show the company told the Australian Government it made just $200 million in revenue in 2011 in Australia, despite local industry estimating it actually brought in closer to $1 billion. The rest was funnelled through Google's Irish subsidiary and not disclosed in Australia. Consequently ...
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Glenn Barker

8:22 AM  -  Limited
For #stonesaturday by +Antoine Berger

A photo from a trip to the Daintree Rainforest on the northern coast Queensland, Australia
Photo from plus.google.com
Shared from the Google+ #StoneSaturday stream
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