Want to read Slashdot from your mobile device? Point it at m.slashdot.org and keep reading!

 



Forgot your password?
typodupeerror

Slashdot videos: Now with more Slashdot!

  • View

  • Discuss

  • Share

We've improved Slashdot's video section; now you can view our video interviews, product close-ups and site visits with all the usual Slashdot options to comment, share, etc. No more walled garden! It's a work in progress -- we hope you'll check it out (Learn more about the recent updates).

×
Google

+ - Google makes $1bn a year in Australia; pays just $74k tax->

Submitted by daria42
daria42 (866794) 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 the company only disclosed taxation costs in Australia of $74,000. Not bad work if you can get it — which Google apparently can. About that 'don't be evil' motto? Yeah. Not so much."
Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Google makes $1bn a year in Australia; pays just $74k tax

Comments Filter:

Is your job running? You'd better go catch it!

Working...