Google France May Have To Pay Upto 100 Million Euros Over Tax Situation Under Assessment

Posted on Mar 20 2012 - 6:08am by Editorial Staff

L’Express, the French magazine is reporting that Google France is within the scope of proceedings in order to not be able to avoid tax investigations and may cost the search giant to pay up to 100 million euros. The publication further reveals that customs and tax officials visited Google’s Parisian offices on a search warrant last June, which remains a secret until now.

During the visit, investigators seizing emails, bills and other contracts, in an urge to determine the amount of taxes Google had paid between 2008 and 2010. France which is Google’s fourth largest market in terms of activity has seen a turnover of 68.7 million euros in 2010, an amount which is 37 times lower than shown in UK (2.5 billion euros).

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