Google will pay 465 million euros to the French state

Google will pay 465 million euros to the French state

The American digital giant has reached an agreement to avoid a trial for tax evasion, and will pay a record fine to the French tax authorities.

Google will pay 465 million euros to the French state

Almost a billion euros for the balance of any account. Google therefore agreed to write a check to the French state to end the prosecution for tax evasion. Bercy speaks of a historic case with this victory against the American giant. It was one of the biggest files of the judges of the National Financial Prosecutor’s Office, and in the end, the result pleased the State. Google will pay a 500 million euro fine, and 465 million tax breaks.

“The French can be satisfied”

The standoff will have lasted 5 years between the digital giant and France. “The French can be satisfied with the work that the French justice and the French tax authorities have done together, to recover the fair tax“, Assures Gerald Darmanin, Minister of Action and Public Accounts. Between 2015 and 2016, via complex financial arrangements, Google would have used its Irish headquarters to reduce its income generated in France.