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.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.