Google will be paying around 1 Billion euros($1.10billion) for settlement of fiscal fraud probe to french authorities which started 4 years ago for a deal which would have been a help to create legal options for tech companies that were present in France.
Google European headquarters which is placed in Dublin is under French investigation and they are looking whether google avoiding to announce parts of its activity in France and failing to pay its due that’s why Google will be paying around 1 Billion euros.
Google pays very little tax in European countries because Google shows that almost every sale happens in Ireland.
A loophole in international tax law made it possible but that law effecting on the Dublin google staff because they handle all the sales contracts. Antonin Levy(Google Lawyer) said, “The agreement allows us to settle all these past disputes and dues once and for all,” in a hearing of Paris court
Latest Tech News Reviews – throneofgadget