Twitter Australia posts $2 million loss, fails to declare advertising revenue - Sydney Morning Herald

Twitter is the latest US tech giant to disclose its earnings to ASIC, giving insight into how much money the tech sector makes locally.

Twitter Australia paid less than $150,000 in tax in 2021 as a climb in sales and marketing expenses drove the company to a $2 million loss. The social media platform, which is in the middle of a tak… [+2383 chars]

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