4 ms·

"Why not let companies compete?" foreign company tax avoidance? "Technology giant Google last year paid $11.7 million in corporate tax to Australian governme

"Why not let companies compete?" foreign company tax avoidance? "Technology giant Google last year paid $11.7 million in corporate tax to Australian government coffers, on revenue of $438.7m and profits of $58m." ~ http://www.theaustralian.com.au/business/media/google-admits-to-paying-a-20pc-tax-rate-in-australia/story-fna03wxu-1227329188267 http://www.theaustralian.com.au/business/media/google-admits...

weddpros 11y ago
"All" the research and development was done abroad, not in Australia. The products were created abroad, so you can't expect the full added value to reside in Australia...
- kuschku 11y ago
  The thing with taxes like VAT is that they are supposed to apply fully to the end product, no matter where it was made. This is made to prevent tax evasion schemes.
ojbyrne 11y ago
20% corporate tax rate. What's the problem?

"Why not let companies compete?" foreign company tax avoidance? "Technology giant Google last year paid $11.7 million in corp­orate tax to Australian governme

"Why not let companies compete?" foreign company tax avoidance? "Technology giant Google last year paid $11.7 million in corp­orate tax to Australian governme

"Why not let companies compete?" foreign company tax avoidance? "Technology giant Google last year paid $11.7 million in corporate tax to Australian governme

"Why not let companies compete?" foreign company tax avoidance? "Technology giant Google last year paid $11.7 million in corporate tax to Australian governme