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Google hit with a ONE BILLION euro tax bill in France after tax inspectors’ search web giant’s Paris offices

Google hit with a ONE BILLION euro tax bill in France after tax inspectors' search web giant's Paris offices

France’s tax authorities have launched a 1 billion euro tax claim against Google, it was reported today.
It follows financial inspectors searching the Paris offices of the internet giant in June 2011 as it investigated their accounting.
Google has reduced the amount of tax it pays in France by channelling its revenue through a Dutch-registered intermediary and then to a Bermuda-registered holding, Google Ireland Limited, before reporting it in low-tax Ireland.

[source]

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