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Google hit with €1bn French tax bill

Accountancy Age

THE FRENCH tax authorities have embarked on a €1bn (£830m) tax claim against Google, following an investigation of the search engine’s offices in Paris. It drove down its French liabilities by diverting revenue through a Dutch-registered intermediary and then a Bermuda-registered subsidiary, Google Ireland Limited, before reporting it in Ireland, the Daily Mail reports. France, under its socialist government, is one of the highest-taxed nations on Earth, with the top rate…

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