Tuesday, May 24, 2016

French Police Raids Google Paris Office Over 1.6bn Euros Tax Fraud Investigation

   

French police today raided the office of Google in Paris as part of money laundering and tax evasion investigation.the French authority believe the US internet giant is owing France back taxes of 1.6 billion Euros.
Google is one of several multi-national corporations that have come under fire in Europe for paying extremely low taxes by shifting revenue across borders in a complex web of financial arrangements.its European headquarters is in Ireland.

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