Breaking News

Asia Today ISSN 1861-4604 Sunday, September 24, 2017

Headline

Google wins reprieve in one of its biggest legal battles in Europe

Paris court threw out a $1.27 billion tax bill

Share on Facebook July 14, 2017, Reporter : Big News Network, Reader : 408

news

PARIS, France - Google has won a reprieve from one of its biggest legal battles in Europe after a Paris court threw out a $1.27 billion tax bill.

France’s tax authority had handed the bill to Alphabet-owned Google for five years of back taxes.

The decision issued on Wednesday saw Paris’s administrative tribunal ruling that Google’s lucrative advertising-sales business had no taxable presence in France.

The court’s decision, covering the years 2005 to 2010, absolves Google of income or sales taxes on advertising income from French clients.

The decision also backs Google’s position in a dispute that has dragged on for more than six years, and could have implications for other tax battles in Europe.

Commenting on the decision, a Google spokesman said that the court “has confirmed Google abides by French tax law and international standards.” 

The spokesman added, “We remain committed to France and the growth of its digital economy.”

Later in the day, French Budget Minister Gérald Darmanin said that the tax authority is analyzing the decision with a view to appealing it.

He noted, “The significant role of French employees in Google’s commercial activity in France.”

While the decision, which is subject to appeal, it comes as a victory for Google and will serve as an example for other Silicon Valley firms facing multiple regulatory battles on topics including taxes, competition and privacy.

Google also got a boost last month when an adviser at the Paris administrative court delivered a non-binding opinion that the company should be let off the hook in part because of weaknesses in the legislation.

 

More Euro Asia news of the month

Photos Voting underway as Merkel seeks fourth term as German Chancellor

Berlin [Germany], Sept.24 (ANI):Germany will hold federal elections on Sunday to choose a chancellor for the next four years. Angela...

Photos Will Germany's right-wing AfD Party manage to topple Merkel?

BERLIN, Germany - As German Chancellor Angela Merkel’s support soars, Germany's right-wing populist Alternative for Germany...

Photos U.K. hit by terrorist attack, blast rocks London underground

LONDON, U.K. - In what is being termed another terrorist attack to hit Britain, an explosion rocked London Underground at Parsons Green...

Photos BMWs new electric car concept boasts 100km launch of 4 seconds

PanARMENIAN.Net - At the Frankfurt auto show, BMW showed off the latest addition to its iSeries vehicles: The two-door i Vision Dynamics...

Photos Bundesliga announce Bibiana Steinhaus as first female referee

Bibiana Steinhaus will make history in Germany on Sunday when she becomes the first woman to referee a Bundesliga game, reports the...

Photos Angela Merkel Defeated her Opponent Martin Schulz in a TV Debate

German Chancellor Angela Merkel defeated Social Democrat Martin Schulz in a TV debate last night, according to a study by ARD...

Photos Fans Nazi chants a shame on Germany - Loew

Berlin - Germany coach Joachim Loew on Sunday dubbed as "shameful" Nazi-era chanting by a hardcore group of "so-called...

Photos Bomb disposal experts in Frankfurt defuse massive WW2 bomb

FRANKFURT, Germany - In a huge operation, after about 65,000 people were evacuated, bomb disposal experts in Frankfurt managed to...

Photos Turkey detains two more Germans for "political" reasons

PanARMENIAN.Net - Two German citizens have been detained in Turkey for what Berlin believes are "political" reasons, the...

Flying Reimagined

Stock Index

Sunday, September 24, 2017

Life Style

Photo Gallery

FEUILLETON