Indonesia has reached a tax settlement with Alphabet Inc's Google for 2016, the country's finance minister said, following a months-long dispute over allegations that the search giant had not made enough annual payments to the government. A senior tax official had said in September that Indonesia, Southeast Asia's biggest economy, planned to pursue Google for five years of back taxes and the company could face a bill of more than $400 million for 2015 alone if it were found to have avoided payments. "We already have an agreement with them based on 2016. But we ...
Indonesia has reached tax deal with Google for 2016, says FinMin
Following a month-long dispute over allegations as Google hadn't made annual payments to the govt