ã€Global Science and Technology Report】 According to Taiwan’s “Union News†on July 13, Google’s rare success in the European Court of Appeal: The Paris Court ruled that the company did not evade the relevant provisions of the French tax law and would not have to hand in up to 1.12 billion Euros. (About 8.7 billion yuan) tax.
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According to the British "Financial Times" report, Google has been accused of spreading the company's sales in France through the Irish branch to avoid paying higher corporate income tax in France. However, the court ruled that Google’s Ireland branch dealing with European operations was not within the jurisdiction of French corporate income tax and value added tax.
The court stated in a brief statement that Google’s Irish branch was not a target of taxation in France between 2005 and 2010.
This decision will give Google great peace of mind. The company was accused by the European Commission in June of suing online search to reach antitrust laws and impose a fine of 2.42 billion euros (about 18.8 billion yuan).
Google’s parent company Alphabet shares closed up 1.48% to US$967.66 on the 12th. (Internship Editor: Mana Review: Tan Li Ya)
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