Three tech giants audited by Australian Taxation Office (ATO)

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[1] Three major tech companies are being investigated the Australian Taxation Office for tax avoidance, and are giving evidence in a senate inquiry.

[2] The three companies ar. The executives of the companies are being questioned at a hearing in Sydney.

[3] Google Australia managing director Maile Carnegie revealed that the company earned $58 million in revenue in 2013, and profits of just more than $46 million, but paid $7.1 million in tax.

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[Source] Australian Information Technology News – Three tech giants audited by Australian Taxation Office (ATO)