Google agrees to pay R15bn in tax settlement with France

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Google said it now wanted to see a coordinated reform for a clear international taxation framework.

French Justice Minister Nicole Galoubet and Budget Minister Gerald Darmanin welcomed the"definitive settling" of all the contentious issues, adding in a statement that it was the result of two years of intense work by the French authorities.

Google, like several other big American tech companies, has its European headquarters in Ireland, where the government has set the corporate tax rate at just 12.5 percent in a bid to attract big companies. The British government is now planning a similar move, at a time when it also hopes to build on its relationship with Washington as it exits the European Union.

 

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