Google Settles For Over $1B In French Tax Dispute

Google faced a four-year fiscal fraud investigation in France, resulting in a settlement involving back taxes and fines. The investigation focused on Google's use of the 'double Irish' tax loophole, which allowed it to minimize taxes across the EU by routing profits through its Dublin headquarters. The EU intervened, requiring Ireland to close this loophole by 2015, with existing users given until 2020 to comply. This case could set a legal precedent for other companies avoiding taxes in France.

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