Google Escapes €1.1bn Tax Claims In France

Must Read

BEVERLY HILLS, July 12, (THEWILL)  – A French Court has ruled that Google is not liable for 1.115 billion euros ($1.272 billion) in unpaid taxes claimed by the French state saying the internet giant’s Irish subsidiary is not taxable in France.

“The French company Google Ireland Limited (GIL) is not taxable in France for the 2005 to 2010 period,” the court ruled.

Google had paid 6.7 million euros in corporate taxes in 2015 in France by booking revenues for its online empire at its European subsidiary in low-tax Ireland.

Ask ZiVA 728x90 Ads

Although it employs 700 people in France, its advertising contracts for its search engine or video-sharing website YouTube are, however, signed with its Irish subsidiary.

The French claim was the latest in a series against the California-based group, which faces mounting legal problems in the EU.

European action has become increasingly aggressive against US technology giants Amazon, Facebook and Apple as well as Google.

THEWILL APP ADS 2
- Advertisement -spot_img

1 COMMENT

- Advertisement -spot_img
Latest News

UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
- Advertisement -spot_img

More Articles Like This

- Advertisement -spot_img