Breaking News

Intel Launches Intel Core Series 3 Processors Sony at NAB Show 2026 ADATA Launches URBAN TAPSAFE External SSD Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

Google to Pay $1 billion Settle Fiscal Fraud Probe

Google to Pay $1 billion Settle Fiscal Fraud Probe

Enterprise & IT Sep 12,2019 0

Google will pay $1.10 billion to French authorities to settle a fiscal fraud probe in a deal that may create a legal precedent for other large tech companies present in the country.

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.

The settlement comprises a fine of 500 million euros and additional taxes of 465 million euros, Google said.

Google 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.

The combined tax payment is less than the 1.6 billion euros France had been seeking from Google after the company’s Paris offices were raided in 2016. At the time, the ministry had ruled out settling with the company.

France has pushed hard for a digital tax to cover European Union member states, but ran up against resistance from Ireland, Denmark, Sweden and Finland.

Tags: Google
Previous Post
CORSAIR Releases 4,866MHz VENGEANCE LPX DDR4 Memory for 3rd Gen AMD Ryzen Desktop Processors and X570 Motherboards
Next Post
VIVE Cosmos VR Headset Costs $699, Pre-orders Begin This Week

Related Posts

  • Google announces Pixel 10, Pixel 10 Pro Fold and Pixel Buds 2a

  • Elevate your gameplay across mobile and PC

  • What’s new in Android 15, plus more updates

  • NVIDIA Teams Up With Google DeepMind to Drive Large Language Model Innovation

  • Google at CES 2024

  • Google introduces Gemini AI model

  • Google Cloud Launches AI-Powered Anti Money Laundering Product for Financial Institutions

  • Connecting all things Android at MWC Barcelona

Latest News

Intel Launches Intel Core Series 3 Processors
Enterprise & IT

Intel Launches Intel Core Series 3 Processors

Sony at NAB Show 2026
Cameras

Sony at NAB Show 2026

ADATA Launches URBAN TAPSAFE External SSD
PC components

ADATA Launches URBAN TAPSAFE External SSD

Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II
Gaming

Sony Expands Gaming Gear Range with INZONE H6 Air and INZONE M10S II

Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance
Cameras

Transcend Launches RDE3 microSD Express Card Reader for Next-Generation High-Speed Performance

Popular Reviews

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Akaso 360 Action camera

Akaso 360 Action camera

Dragon Touch Digital Calendar

Dragon Touch Digital Calendar

be quiet! Pure Loop 3 280mm

be quiet! Pure Loop 3 280mm

Noctua NF-A12x25 G2 fans

Noctua NF-A12x25 G2 fans

Arctic Liquid Freezer III 360 Pro Argb

Arctic Liquid Freezer III 360 Pro Argb

Soft2bet and the unseen hardware that makes instant play possible

Soft2bet and the unseen hardware that makes instant play possible

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed