Tuesday, May 24, 2016

 

French police raid Google's Paris headquarters as part of €1.6bn tax fraud investigation

French police searched the Paris offices of U.S. internet giant Google today as part of a tax fraud investigation, it has been reported.

French authorities believe Google owes 1.6 billion euros (£1.2billion) in back taxes, a source close to the matter said in February.

Google is one of several multi-national corporations that have come under fire in Europe for paying extremely low taxes by shifting revenue across borders in a complex web of financial arrangements.

A source close to the finance ministry said investigators have been at the company offices since 5am today.

About 100 officers are involved in the investigation, Le Parisien reported.

Google France received a 'notification' of the investigation back in March 2014, which did not give any precise figures.

It has been raided by French authorities before, in June 2011, during an investigation into transfers to its Irish headquarters.

Google had in January agreed to pay £130million in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners.

A police source says French cops today searched Google's Paris offices.

They believe the company owes 1.6billion euros in back taxes, it is claimed.

Google is one of several companies that pays low taxes by shifting revenue.

Date
Labels: ,
Tags : ,

Share

Social

The idea behind the text.
Respect for the truth is almost the basis of all morality.
Nothing can come from nothing.



Follow

Popular Topics

Read

Well, the way they make shows is, they make one show. That show's called a pilot. Then they show that show to the people who make shows, and on the strength of that one show they decide if they're going to make more shows.

Like you, I used to think the world was this great place where everybody lived by the same standards I did, then some kid with a nail showed me I was living in his world, a world where chaos rules not order, a world where righteousness is not rewarded. That's Cesar's world, and if you're not willing to play by his rules, then you're gonna have to pay the price.

You think water moves fast? You should see ice. It moves like it has a mind. Like it knows it killed the world once and got a taste for murder. After the avalanche, it took us a week to climb out. Now, I don't know exactly when we turned on each other, but I know that seven of us survived the slide... and only five made it out. Now we took an oath, that I'm breaking now. We said we'd say it was the snow that killed the other two, but it wasn't. Nature is lethal but it doesn't hold a candle to man.

You see? It's curious. Ted did figure it out - time travel. And when we get back, we gonna tell everyone. How it's possible, how it's done, what the dangers are. But then why fifty years in the future when the spacecraft encounters a black hole does the computer call it an 'unknown entry event'? Why don't they know? If they don't know, that means we never told anyone. And if we never told anyone it means we never made it back. Hence we die down here. Just as a matter of deductive logic.