[Reuters] Australian tax crackdown to target Google, other multinationals

Posted by: UGN Security

[Reuters] Australian tax crackdown to target Google, other multinationals - 11/22/12 06:22 AM

CANBERRA (Reuters) - Australia released draft revisions to tax laws on Thursday, which it said were designed to stop big firms, including the local arm of Google, from shifting their income to countries such as Holland or Ireland where the tax rates are lower.