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Google's tiny tax bill in Australia alarms Turnbull

"I am very concerned by what appears to me to be a material erosion of ...

     
5:50 am on May 26, 2012 (gmt 0)

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"I am very concerned by what appears to me to be a material erosion of our tax base" ... Malcolm Turnbull.

"GOOGLE has refused to explain why it paid just $74,176 in Australian tax last year, despite making an estimated $1 billion in revenue from the Australian market..."

[smh.com.au...]
7:56 am on May 26, 2012 (gmt 0)

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American fuelled and American managed, but their registered office is in Ireland?