How Google Australia escapes the taxman with a little help from Ireland

Google Australia paid tax of $1 million last year on its market-dominating Australian online search advertising business, which is estimated to reap more than $700 million in revenue annually.Google Australia’s accounts for last year, released on Friday, revealed the low tax payment and a $3 million loss, largely due to the way Google structures its businesses.
www.theage.com.au/technology/biz-tech/how-google-australia-escapes-the-taxman-with-a-little-help-from-ireland-20110502-1e3os.html
www.smh.com.au/technology/biz-tech/how-google-australia-escapes-the-taxman-with-a-little-help-from-ireland-20110502-1e3os.html

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