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Google agrees to $550 million fine in France Over Fiscal Fraud Investigation

     
2:43 pm on Sep 12, 2019 (gmt 0)

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In Paris, Google has agreed to settle an investigation into fiscal fraud with a fine of 500 million Euros, $548 million.

French investigators have been seeking to establish whether Google, whose European headquarters are based in Dublin, failed to pay its dues to the state by avoiding to declare parts of its activities in the country.
Google, part of Alphabet Inc, pays little tax in most European countries because it reports almost all sales in Ireland. This is possible thanks to a loophole in international tax law but it hinges on staff in Dublin concluding all sales contracts.

[reuters.com...]
 

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