Google reaches settlement with Australian government: $327 million in back taxes

Google said today it had settled a long-running tax dispute with the Australian Taxation Office after paying an extra A$481.5 million ($326.75 million) in taxes. In response, a Google spokesman said the Australian tax authorities had previously audited Google’s tax practices between 2008 and 2018, and that the settlement was a settlement for the investigation. The settlement will provide certainty about future tax treatment.

Google reaches settlement with Australian government: $327 million in back taxes

Meanwhile, the Australian Taxation Office (ATO) said in a separate statement that the ATO had recently settled a tax dispute with technology companies such as Microsoft, Apple and Facebook under the Multinational Anti-Avoidance Act and received A$1.25 billion in back taxes.

Big tech companies such as Facebook, Google and Amazon are facing accusations of tax evasion around the world, saying they are unfair by many countries by lowering taxes by registering profits in low-tax countries.

Previously, Google had paid the French government nearly $1 billion in back taxes, $334 million to the Italian government and about $186 million to the British government.

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