September 12 - 16:09
Google to pay €500 million to settle French tax investigation
Google has agreed to end a long-running tax probe by paying a €500 million fine to French prosecutors. The investigation had sought to establish whether Google had dodged its dues in France by not fully declaring its activities there. Google records virtually all its European sales through its low-tax HQ in Ireland. Google will also hand over $465 million in additional taxes.
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