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(googler, opinion is my own) My understanding is that Google is locally incorporated in australia, as you can see on this page[0], at least for Ads, likely oth
by kyrra 6y ago
(googler, opinion is my own)
My understanding is that Google is locally incorporated in australia, as you can see on this page[0], at least for Ads, likely other businesses. If you select Australia on there you will see Ads payments are made to "Google Australia Pty Limited".
[0] https://support.google.com/google-ads/answer/2375370?hl=en https://support.google.com/google-ads/answer/2375370?hl=en
- chottocharaii 6y agoLook up transfer pricing
- jojobas 6y agoGoogle Australia Pty Ltd acts as an agent for Google Asia Pacific registered in Singapore. The profits are routed as licensing costs around the world to end up in this or that low tax jurisdiction.
- kyrra 6y agoInteresting, thanks for sharing. Found this which gave more context. https://www.abc.net.au/news/2019-05-01/google-facebook-make-billions-in-australian-sales-pay-little-tax/11060474 https://www.abc.net.au/news/2019-05-01/google-facebook-make-...