Alphabet Inc's Google has settled a 'longstanding' tax dispute wi...
FILE PHOTO: The logo of Google is seen at the high profile startups and high tech leaders gathering, Viva Tech,in Paris, France May 16, 2019. REUTERS/Charles Platiau
The settlement comes after an audit that looked into the tech giant’s tax practices between 2008 and 2018, a Google spokeswoman said. “Thanks to the efforts of our ATO officers under the Tax Avoidance Taskforce and the introduction of the MAAL, Australian sourced sales by these digital giants will now be returned to Australia’s tax base,” the ATO said in a statement, calling the settlement “another e-commerce victory.”
A Google spokeswoman said the settlement with the ATO will provide certainty for future tax treatment.
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