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Google escapes 1.1 bn euro tax bill in France

Google is not liable for 1.115 billion euros ($1.272 billion) in unpaid taxes claimed by the French state, a French court ruled Wednesday, saying the internet giant’s Irish subsidiary is not taxable in France. “The French company Google Ireland Limited is not taxable in France for the 2005 to 2010 period,” the court ruled. Google paid just 6.7 million euros in corporate taxes in 2015 in France by booking revenues for its online empire at its European subsidiary in low-tax Ireland, a legal loophole prized by multinationals. The group employs 700 people in France but advertising contracts for its search engine or video-sharing website YouTube are signed with its Irish subsidiary. The French claim was the latest in a series against the California-based group, which faces mounting legal problems in the EU. AFP

Google Inc. News and Update

As the Silicon Valley giant continue there relentless push for dominance in the Internet and software world, Google Inc., a subsidiary of Alphabet has become the first internet company to go live in Cuba. The Caribbean country has been having a warm relationship with the US after former president (Barrack Obama) made an iconic move to lift trade ban between the two country. * Google is updating it search to demote fake news, also Google search can now show you Movie and Music streaming services iOS as local events have been added to search results. *Google Pixel 2 is reportedly to use Snapdragon 835 platform made by Qualcomm *Google Home will now help you cook by reading recipes...