Google’s Australian operation may have had its $7.1m tax bill reduced to just $466,802 in the 2013 financial year.Google Australia had its taxes reduced as a result of of a range of tax deductions, according to Fairfax Media.But the company also reported it had made $46.5m in local pre-tax profits, according to filings with the Australian Securities and Investments Commission.
http://www.theguardian.com/technology/2014/may/02/google-australias-71m-tax-bill-slashed-to-466802