Turkish gov fines Google with $47 million for tax evasion

Turkish authorities are reported fining Google a total of 71 million Turkish Lira (approx. €32 million or USD $47 million) for supposedly dodging national tax system. According to local media “Turkish government claims it’s entitled to additional taxes because of the fact Google operates its online advertising in country and even boasts offices and a […]

Turkish authorities are reported fining Google a total of 71 million Turkish Lira (approx. €32 million or USD $47 million) for supposedly dodging national tax system. According to local media “Turkish government claims it’s entitled to additional taxes because of the fact Google operates its online advertising in country and even boasts offices and a registered subsidiary there while bills and payments originate from Ireland.” But Turkish authorities say Google is required to pay national taxes for revenue generated through its registered company based in Turkey, and asserts that an extensive audit shows that American company owes government nearly $50 million in unpaid taxes.