Tuesday, May 24, 2016

Google registered offices in Paris under investigation for tax fraud – The Universe

Dozens of French police raided on Tuesday the offices of Google in Paris, as part of an investigation into giant digital world for alleged tax evasion.

Google, which holds that complies fully with the French laws , is under pressure throughout the European continent of public opinion and governments angered by the way multinationals exploit its presence worldwide to minimize the taxes they pay.

in the They raid involved researchers from the French financial prosecution and the brigade major financial crimes, along with 25 specialists in information technology. The investigation began in June last year.

“The research aims to verify that Google Ireland Ltd has permanent basis in France and if, by not declaring part of its activities in France, failed to comply with its obligations tax, including those in corporate tax and value-added taxes, “said the prosecutor’s office said in a statement.

Google, whose parent is Alphabet Inc, pay few taxes in most European countries because It informs almost all its sales in Ireland. This is possible thanks to a loophole, but requires that its staff in Dublin close all sales contracts.

If employees in countries like France close contracts with local customers, then the company would be obliged to report revenue locally and pay taxes in each country.

“We are cooperating with the authorities to answer your questions,” said Al Verney, a spokeswoman for Google in Europe, in a statement sent by email.

the raid Tuesday is part of an investigation for tax fraud and organized aggravated washing money from the fraud. Research, caused by a complaint from the French tax agency, began in June 2015 but was recently public on Tuesday.

If found guilty, Google faces a fine of up to 10 million or a fine for washing half the amount involved. (I)

LikeTweet

No comments:

Post a Comment