Open

Coming up

Don't miss

Replay


LATEST SHOWS

IN THE PAPERS

i Gracias, Gabo i

Read more

IN THE PAPERS

The Socialist rebellion grows

Read more

BUSINESS DAILY

Can Weibo win over US investors?

Read more

DEBATE

Algeria: What's the Choice? Incumbent Bouteflika Votes in Wheelchair (part 2)

Read more

DEBATE

Algeria: What's the Choice? Incumbent Bouteflika Votes in Wheelchair

Read more

AFRICA NEWS

Virunga Park chief shot

Read more

MEDIAWATCH

Algerian election: Bouteflika votes in wheelchair

Read more

MEDIAWATCH

Algeria's media: a mixture of censorship and free speech

Read more

WEB NEWS

Nigerian web users call for end to violence

Read more

  • Captain not at helm when ship listed, South Korean officials say

    Read more

  • Nobel-winning Colombian writer Gabriel Garcia Marquez dies at 87

    Read more

  • With a strong French presence, veterans and fresh faces, Cannes aims to please

    Read more

  • Deadly avalanche strikes Everest in worst-ever disaster

    Read more

  • Low turnout reported in Algeria as Bouteflika seeks fourth term

    Read more

  • Astronomers discover Earth-like planet that could support life

    Read more

  • Russia and West agree on steps to ease Ukraine crisis

    Read more

  • Mob launches deadly attack on UN shelter for S. Sudan civilians

    Read more

  • Eurostar train mishap causes 'severe' delays

    Read more

  • Chelsea Clinton announces she's pregnant

    Read more

  • French troops free five aid workers kidnapped in Mali by Islamists

    Read more

  • In pictures: Iranian woman pardons son’s killer at the gallows

    Read more

  • After cup defeat, Spanish pundits read last rites for Barcelona

    Read more

  • India heads to polls in single largest day of voting

    Read more

  • Ukraine talks open in Geneva as Putin talks tough on TV

    Read more

  • Pro-Russian separatists killed in attack on Black Sea base

    Read more

  • Man executed in Texas for 2002 triple murder

    Read more

  • Scandal-hit French doctor Jacques Servier dies at 92

    Read more

  • Belgian head of wildlife reserve shot in DR Congo

    Read more

  • Crunch talks on Ukraine begin in Geneva

    Read more

  • Stagehand of God? Maradona's legendary goal inspires a play

    Read more

  • US rolls out red carpet for French critic of capitalism

    Read more

  • N. Korea not amused by London hair salon's Kim Jong-un ad

    Read more

  • Real Madrid beat old foes Barcelona to lift Copa del Rey

    Read more

  • France's new PM targets welfare in drive to cut spending

    Read more

Business

France 'hits Google with €1 billion claim' in content row

©

Text by News Wires

Latest update : 2012-10-31

French tax authorities have filed a €1 billion claim against Google to pressure the search engine to pay a portion of its advertising revenue for access to French media websites, a Paris-based newspaper reported on Wednesday.

French tax authorities have made a billion-euro ($1.3 billion) claim against Google to pressure it in a dispute over compensation to media websites, a French newspaper reported, a claim denied by the US Internet giant's local arm.

The weekly Canard Enchaine said in its edition to hit news-stands on Wednesday that the tax claim concerns the transfer prices set between Google's Irish holding company and the French unit for four tax years, without disclosing its sources.

French tax authorities told AFP they do not comment on specific cases due to taxpayer privacy. Google did not immediately respond to a request for comment.

A Google France spokesman told AFP that the company had received no such notification.

"We continue to cooperate with the French authorities as we have done till now," the spokesman said in an email, stressing that "Google conforms with the fiscal laws of all the countries in which we operate, and with European rules."

The weekly said the tax claim was brought up during Monday's meeting between President Francois Hollande and Google chief Eric Schmidt, and that it was a bargaining chip in the dispute with French media.

Hollande said the French government would adopt a law if necessary to settle a dispute with French media websites, which want the search engine to hand over a percentage of the advertising revenue it earns from directing users to their content.

"If the negotiations between Google and the media publishers don't result in a deal by the end of the year, Google already knows what awaits it from a tax point of view: one billion," said the weekly.

"Otherwise, there will no doubt be room to negotiate."

In March, a source told AFP that French authorities had made a tax claim against Google.

The weekly L'Express reported the tax authorities were looking into whether Google had correctly paid company and sales tax between 2008 and 2010.

Google uses a number of measures to reduce the amount of tax it pays in France by funnelling most revenue through a Bermuda-registered holding and then reporting it in Ireland.

According to estimates Google generated between 1.25 billion and 1.4 billion euros in revenue in France last year, primarily due to Internet advertising. It paid only a little more than 5 million euros in tax, primarily due to the corporate tax.

(AFP)

 

Date created : 2012-10-31

  • FRANCE

    Google to meet President Hollande over content bill dispute

    Read more

  • INTERNET

    Google threatens to stop linking to French media sites

    Read more

  • INTERNET

    Google infringes EU privacy laws, data agencies say

    Read more

Comments

COMMENT(S)