photo InternetUA
The Paris Administrative Court acknowledged that Google did not violate French tax laws and should not pay taxes amounting to 1.12 billion euros for 2005-2010, the Financial Times newspaper writes..
According to the court's decision, the Irish representation, through which Google operates in Europe, is not a tax resident of the country, and the US company was not supposed to pay taxes in France. At the same time, Bloomberg notes that the court decision was made after the election of French President Emmanuel Macron, who earlier promised to make France a country of start-ups.
"The court confirmed that Google respects French tax laws and international standards. We are still devoted to France and the growth of its digital economy, "- said in a statement Google.
Recall that Google, like a number of other companies, uses a representation in Ireland for activities in Europe to save on taxes. So, in 2014, the company paid in France only 5 million euros of taxes on revenue of 225.4 million euros. In December last year, it became known that in 2015, loopholes in laws allowed Google to save on taxes a total of $ 3.6 billion.