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 Anarcho-Capitalist NEWS: How savvy multinationals curb their tax bills

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Anarcho-Capitalist NEWS: How savvy multinationals curb their tax bills Vide
PostSubject: Anarcho-Capitalist NEWS: How savvy multinationals curb their tax bills   Anarcho-Capitalist NEWS: How savvy multinationals curb their tax bills Icon_minitimeFri Nov 16, 2012 5:39 pm
An Australian business buys an advertisement on Google Australia, aimed at luring Australian customers to its Australian website. According to Google, this transaction takes place in Singapore.

Anarcho-Capitalist NEWS: How savvy multinationals curb their tax bills 1711google729px620x349



It used to take place in another low-tax jurisdiction, Ireland, but in May last year Google switched to Singapore ''to provide a better online advertising experience''.

Revenue reaped from Australia and other countries in the region, including Bhutan, the Philippines and Pakistan, flows directly to Google Asia Pacific, headquartered in the Lion City.


Read more: http://www.smh.com.au/business/how-savvy-multinationals-curb-their-tax-bills-20121116-29hhm.html#ixzz2CQbFm0Nq
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