Welcome to WebmasterWorld Guest from

Forum Moderators: goodroi

Message Too Old, No Replies

Google says in dispute with SEC on tax accounting

9:02 am on Mar 2, 2007 (gmt 0)

Senior Member

WebmasterWorld Senior Member 10+ Year Member

joined:Dec 28, 2004
votes: 0

MOUNTAIN VIEW, Calif., Mar 2 (Reuters) - Google Inc. disclosed in its 2006 annual report on Thursday that the U.S. Securities and Exchange Commission nearly a year ago had called into question how it accounted for income taxes.

In its annual 10K securities filing, Google said it received an initial letter from the SEC on March 16, 2006, on various issues and subsequently corresponded with the agency as recently as January 2007. The tax dispute remains unresolved.

"We believe that we properly account for our income taxes. We will continue to work to resolve these comments with the SEC," the Web search leader said in the annual filing.

It also warned in the annual report how a growing number of legislative proposals for consumer data protection in the U.S. and other countries could hurt its business if enacted.

Reuters [yahoo.reuters.com]

8:33 pm on Mar 14, 2007 (gmt 0)

New User

10+ Year Member

joined:Feb 23, 2007
posts: 17
votes: 0

It seems a financial controller at Google might lose job if Google lose.

Join The Conversation

Moderators and Top Contributors

Hot Threads This Week

Featured Threads

Free SEO Tools

Hire Expert Members