GOOGLE FINED EUR945 MILLION FOR FRENCH TAX FRAUD BY SARA LEWIS
September 1st, 2019
A FRENCH court has fined Google almost EUR1 billion in a tax fraud case that set a legal precedent for other tech giants operating in France. The EUR945 million (USD1 billion) settlement over tax fraud allegations, brings to a close investigations that French authorities started in 2015. In using loopholes in international tax law to declare all earnings through Ireland, where corporation tax is only 12.5%, Google had breached fiscal requirements by failing to declare activity on French soil, said the Paris court ruling, which was in agreement with ...
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