Google France Faces Fine Of $1.3 Billion For Tax Noncompliance - Google Denies The Accusation
by TechCrunch
By Romain Dillet
Google (GOOG) France could be ordered to pay $1.3 billion to France’s equivalent of the IRS (Direction générale des finances) due to tax noncompliance in 2011. The agency has been investigating Google’s revenue in France for months. With only 138 million euros of revenue in France in 2011, the company has used tax-optimization strategies, but has always stated that they comply with the law. It denies the accusation. read more »
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