05-26-2016, 05:03 AM
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It's 42
Industry Role:
Join Date: Jun 2010
Location: Global
Posts: 18,083
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Google Paris Offices Raided by French Tax inspectors and Police
Go team Google
https://www.bostonglobe.com/business...0YP/story.html
Quote:
By Raphael Satter Associated Press May 24, 2016
PARIS ? French police have raided Google?s Paris offices as part of an investigation into ??aggravated tax fraud?? and money laundering, authorities said Tuesday. The raid is the latest regulatory headache for the American search engine-and-email company, which like other Silicon Valley firms faces increasing questions about its complex tax arrangements. ...
... ??The investigation is aimed at finding out whether Google Ireland Ltd. is permanently established in France and if, by not declaring some of its activity on French soil, it has failed to meet its fiscal obligations, in particular with regard to corporation tax and value added tax.??...
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From India (The SEO Coder Guys?)
Quote:
French authorities believe the Californian group owes 1.6 billion euros (USD 1.7 billion) in back taxes, a source close to the matter said in February.
Google is one of several multinational corporations that have come under fire in Europe for paying extremely low taxes by shifting revenue across borders in an often complex web of financial arrangements. Its European operations are headquartered in Ireland, which has some of the lowest corporate tax rates in the region.
- See more at: French tax police raid Google?s Paris offices | The Indian Express
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