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French court throws out Google's $1.3 billion tax bill

Source: foxnews.com - Jul 13, 2017

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 it of income or sales taxes on advertising income from French clients.

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Category: General Business