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Singapore is also a tax-avoidance jurisdiction which is coming under increased scrutiny from the G20 countries. Setting up 'actual' operations there rather tha
by mikeyouse 11y ago
Singapore is also a tax-avoidance jurisdiction which is coming under increased scrutiny from the G20 countries. Setting up 'actual' operations there rather than a pass-through tax office can give credibility to the revenue and profit transfers.
It's a very sensitive issue in Australia at the moment; http://www.afr.com/technology/technology-companies/google/yes-google-does-pay-tax-on-2-billion-ad-revenue-5-million-in-singapore-20150413-1mjymy http://www.afr.com/technology/technology-companies/google/ye...