Google to pay $1.1 billion in France following tax probe

Google’s tax standing in the European Union has at all times been contentious. It pays little or no tax in most European international locations regardless of doing enterprise on the continent, as a result of a loophole permits it to keep away from by primarily working a shell firm in . This well-known loophole is named the Double Irish association and has been described as the biggest tax avoidance software in historical past.

French officers had initially hoped to declare €1.6 billion ($1.76 billion) from the search big; way over the £130 million (about $185 million) accepted by the UK for related tax points there. The French authorities raided Google’s Paris headquarters in 2016 as a part of their investigation, however finally a French courtroom discovered in Google’s favor and mentioned the corporate did not have to pay the wonderful.

That wasn’t the tip of the difficulty although. Together with Germany, pushed for stricter tax laws over main tech corporations together with Google, Apple, Facebook and Amazon. With the newest settlement achieved with Google, different tech corporations could face related motion in France too

Google has had different authorized troubles in France as nicely. Earlier this yr it was fined €50 million (about $57 million) by the French National Commission on Informatics and Liberty (CNIL) for not complying with the EU’s General Data Protection Regulation guidelines about information consent.

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