Google Australia’s $7.1m tax bill slashed to just $466,802, reports say

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.

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