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Google 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
by jojobas 6y ago
Google 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-...