Wednesday, July 12, 2017
Google wins in France, pockets billions formerly owed in back taxes
A French court today ruled that Google is not liable for $1.3 billion in back taxes, passing judgement on a suit filed last year. The courts stated the company didn’t have a “permanent establishment” in France to justify the large amount of money. The company’s legal revenue-shifting scheme means that, despite employing about 700 people in France, all of its digital business with French customers is handled by a division in Ireland. The Economy Minister in France at the time the lawsuit was filed was Emmanuel Macron — now the President of France, who has mentioned wanting to hold companies…
This story continues at The Next Web
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