Tax: Google To Settle France With $1bn

Tax: Google To Settle France With $1bn.

A file photo taken on November 20, 2017 shows logos of US multinational technology company Google displayed on computers’ screens. LOIC VENANCE / AFPUS internet giant Google has agreed a settlement totalling 945 million euros to settle a tax dispute in France under an agreement announced in court on Thursday.

In a statement, Google confirmed the settlement and hailed the fact it had put an end to fiscal differences that it had had with France for numerous years. “This outcome is good news for the public finances and fiscal fairness in France,” their statement said. “It is a historic settlement both for our public finances and because it marks the end of an era,” Darmanin said. “By normalising Google’s situation in France, responds to our citizens’ demands for fiscal fairness,” he said.

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