Tech giants in the gun as ATO investigates data centre tax payments

Tech giants in the gun as ATO investigates data centre tax payments

Australian officials are concerned that profits from lucrative local data centres are being underreported in Australia and funnelled offshore instead

ATO refers 41 auditors to ASIC

The ATO has referred 41 SMSF auditors to ASIC as a result of its review into the practices of more than 200 of these professionals.

channelnews : ATO Audits Google, Amazon, Microsoft Over Data Centre Tax Arrangements

The Australian Taxation Office is conducting audits of major global technology companies, including Google, Amazon, and Microsoft, over concerns that profits from their lucrative local data centre operations are being under-reported in Australia and redirected to lower-tax offshore jurisdictions. The investigation focuses on whether revenue generated from customers using Australian data centres should be taxed...

MACC identifies 2 more firms offering bribes in data centre project probe

An MACC source says several company directors from the two firms will be called in to assist in the investigation.