- Haaretz, Monday, January 13, 2014 10:21 AM
Google will pay about $230 million, or 800 million shekels, in taxes on its acquisition of Waze's intellectual property rights, per Israel's Haaretz. It's the second-largest sum the state has ever
received in tax revenue generated by a merger and acquisition. The news agency reports that the Economy Ministry's Office of the Chief Scientist will benefit from the deal because of a $1 million
investment in Waze when it was founded.
Read the whole story at Haaretz »