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Google: French Inland revenue claims one billion euros

At the same time as the French government asks Google to share there advertising revenue in order to save the press. The French Inland revenue demands the American giant should pay the lump-sum of one billion Euros.

Several French newspapers such as “le canard enchaîné” confirmed this information. However, neither the tax department nor Google commented on the news about tax secrecy.

The amount is the equivalent of 4 tax year of commercial activity of Google on the French territory. During this time the generated turnover is estimated around 12 billion Euros with 9 billion benefit.
Large amount of this money was transferred to the famous Google subsidiary Google Ireland Limited; nowadays in compulsory liquidation.

This version is contested by Google France. They released a statement quoting that “"Google complies with the tax laws of every country in which the company operates" and adding "we believe to be in accordance with French law."

On Monday, the big boss of Google, Eric Schmidt, was meeting the French president Francois Hollande to talk about the Google tax initiated by publishers in France. They definitely talk about the massive fiscal reassessments.

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