Google agrees to $550 million fine in France to settle fiscal fraud probe
PARIS - Google agreed to pay close to 1 billion euros to French authorities to settle a fiscal fraud probe that began four years ago in a deal that may create a legal precedent for other large tech companies present in the country.
The settlement comprises a fine of 500 million euros and additional taxes of 465 million euros, Google said in a statement. The combined tax payment is less than the 1.6 billion euros the finance ministry 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.
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