Article 1V9CB Google's Alphabet may owe over $400m for 2015 back taxes in Indonesia

Google's Alphabet may owe over $400m for 2015 back taxes in Indonesia

by
Reuters
from Technology | The Guardian on (#1V9CB)

Officials allege that Google Indonesia paid less than 0.1% of total income and taxes owed last year, as investigation into last five years escalated to criminal case

Indonesia plans to pursue Google's parent company Alphabet for five years of back taxes, meaning the search firm could face a bill of more than $400m for 2015 alone if it is found to have avoided payments, a senior government tax official has said.

Muhammad Hanif, head of the tax office's special cases branch, told Reuters its investigators went to Google's local office in Indonesia on Monday.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments