France fined Google for half a billion

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The Corporation allegedly paying too little tax in this country.

Google will pay France €1 billion to end an investigation of tax evasion, writes the Chronicle.info with reference to League.

Financial news reported that €500 million Google will pay a fine, in addition, the company agreed to pay €465 million as taxes.

Tax authorities came to the conclusion that Google pays too little tax in France, a large part of the company’s revenues in Europe passes through branch Google in Ireland.

The agreement that Google France and Google Ireland to pay a fine in the amount of €500 million, was achieved as a result of the settlement agreement. Financial news launched an investigation against Google in 2015.

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