WSJ - US Business

French Court Throws Out Google’s $1.3 Billion Tax Bill

PARIS—Alphabet Inc.’s Google won a reprieve from one of its biggest legal battles in Europe on Wednesday, when a Paris court threw out a €1.11 billion ($ 1.27 billion) bill that France’s tax authority has sought from the search giant for five years of back taxes.

In a decision issued Wednesday afternoon, Paris’s administrative tribunal ruled that Google’s lucrative advertising-sales business had no taxable presence in France—absolving…

WSJ.com: US Business

Click to comment
Loading Facebook Comments ...

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top