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France: Google must pay $1.3 billion in tax

Discussion in 'BlackHat Lounge' started by hotnguyen, Nov 2, 2012.

  1. hotnguyen

    hotnguyen Registered Member

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    In addition to that $1.3 billion, google must pay all the legal expenses for the appeal that they just lost. Now, this is really hurt their pocket + face.
    Code:
    http://seekingalpha.com/article/972541-google-france-faces-fine-of-1-3-billion-for-tax-noncompliance-google-denies-the-accusation
     
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  2. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    The juicy part

    And all legal. The huge fine was about doing contracts at the name of the Irish company instead of the French one ;)
     
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  3. ja1myn

    ja1myn Senior Member

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    At least someone's making them pay their fair share.
     
  4. themidiman

    themidiman Power Member

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    That is pretty badass. Seems those tax lawyers were really paying off. The contract issue seems like a pretty massive oversight. Someone is losing their job.
     
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  5. jazzc

    jazzc Moderator Staff Member Moderator Jr. VIP

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    It 's common knowledge actually in the offshore niche. It 's always impressive to see what the big boys are doing though :)

    I think the French government just gave them a huge fine to have as leverage for other issues they are fighting against Google. They can always adjust the fine should they want in the future ;) France isn't a random country, it 's the deep core of the EU and Google is a US company. The search and information business is beyond hugely important and so governments are playing hardball over it. In the past, they were pushing for an EU funded Google rival (it didn't go through).
     
  6. B. Friendly

    B. Friendly BANNED BANNED

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    I say Google should fund US healthcare.

    BTW, has anyone noticed on Google Product Forum (or anywhere else) that Google employees are kind of dumb? I think they interview for "pleasant" and "inoffensive" and are willing to overlook intellectual deficiencies.
     
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  7. Zapdos

    Zapdos Power Member

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    Depends on the employee role. If you meet any of their engineers (be it software or hardware) they'll be quite awesome. It's the PRs that are stupid, since in this day and age you have to level with the consumer base.
     
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  8. rprid81

    rprid81 Newbie

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    Welcome here google... even if it's nothing for them
     
  9. Aty

    Aty Jr. VIP Jr. VIP

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