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Google Paris Offices Raided by French Tax inspectors and Police
Go team Google :upsidedow
https://www.bostonglobe.com/business...0YP/story.html Quote:
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Gee, who would think that a government would get pissed off at a complex offshore corporate structure, set up specifically to avoid paying tax in their country?
Funny thing is that many of these companies would still be highly profitable, even if they had to pay full 'local' tax on their earnings. They just wouldn't be insanely profitable. Don't Apple have something like 100 billion dollars cash on hand? |
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Unfortunately, in most countries, Governments have been very slow in enacting tax reform to keep up with all these off shore mechanisms for tax minimisation. Google bills out billions of dollars outside the US yet pays very little tax in any jurisdiction it operates in, Microsoft and Apple are the same. |
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I checked the shorts on GOOG after I posted this and they were not out of the ordinary. I guess Alaphabet (Google) just shits money.
If your sale is made from France but payment is made to you at your Ireland Headquarters Google would have situs in Ireland -- the French don't see it that way ... They say the income generated in France has Income tax due The French government is arguing Taxable Situs? Quote:
With regard to VAT tax on Google's Digital Sales it is the Country of the buyer that gets the 'bounty.' Impots.gouv.fr - Les procédures amiables Little problem: Ireland and France have an income tax treaty. Watch the stock price :2 cents: |
so, US kills Frances Mistral deal with Russia, and now France comes down on Google.. and Apple? and microsoft?
i wonder if it's connected in anyway. |
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What's wrong with minimizing taxes? lower taxes = more $$ going where it should be going, to investors... :2 cents:
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Companies like Google expect to sell in countries where they have no intentions of paying the taxes. They ask their customers to do that for them.
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french government says "wait a min, you have 'presence' in France, so you owe us $50k tax"... You think they are right? You would obviously gladly pay that, right? |
Google just steals money from publishers and sends it overseas..
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just to clarify? |
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https://www2.deloitte.com/content/da...anvier2014.PDF
International Services Group/Deloitte_Doing-business-in-france-gb https://home.kpmg.com/xx/en/home/ser...tes-table.html corporate-tax-rates-table--kpmg Send Lawyers, Guns and Money ... Google's profit revenue generated in France is subject to a 33.33% corporate income tax. Ireland's corporate income tax is 12.5%. The Accountants and Tax Lawyers v. the governments involved will reach an agreement. |
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so ISIS bombed Paris and they missed Google?
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Anyway, Google are only based in Bermuda on paper. A company should be based where they have the most employees and activity. So your point is wrong. Or stupid. Because Google expects you to pay the taxes they don't. Or run your country into debt. Are you fine with that? |
Forbes google-moved-billions-of-dollars-to-bermuda-to-avoid-taxes-again
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Translation: we know that on the face of it we're being absolute cunts, but it's legal and everyone else does it, so we'll milk the system for as long as we possibly can. Wonder what they'll do in 2020? Will a bunch of corporate 'headquarters' suddenly shift away from Ireland? I noticed that when I paid for advertising on Facebook, my agreement was with Facebook Ireland. |
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It would be no problem for the US and EU to sit down and make a law saying that the main HQ, where the most people are employed or where the sales are made, is the country where Corporation Taxes are paid. They could even Block countries like Panama, Bermuda, Caymans, as places where profits can be sent to. They don't. They prefer to run the country into debts, cut back on services for the ordinary people or let them bear the tax burden. The strange part is some Americans think these companies are marvelous and happy to pay for these companies immoral ass licking tax dodging. They might even elect a President who is up to his eyes in it. A President who tries to appeal to the common man, as he ass fucks them. :upsidedow |
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