Google Getting Slapped Big for Dodging French Tax Collector

CommanderFrank

CommanderFrank

Cat Can't Scratch It
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May 9, 2000
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Google: Pay your French taxes, you deadbeat. :D Seems like Google is getting into hot water in France for tax evasion by way of some creative International accounting. The French Direction Générale Des Finances Publiques, the French equivalent of the IRS, is not amused.

It looks as though the French government has begun to crack down on what it believes is Google’s technique of passing off French contracts as if they were Irish ones in order to be subject to a lower tax rate.
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These corporations aren't seeing the writing on the wall, a great deal of tax havens are disappearing and the governments are no longer allowing the things from the past to fly. Look how hard these countries are attacking these tax havens now.
 
What large multinational corporations dodge taxes!? GASP! Ofc how countries go after tax dodgers is a whole other thing :D
 
marcusj3000 said:
These corporations aren't seeing the writing on the wall, a great deal of tax havens are disappearing and the governments are no longer allowing the things from the past to fly. Look how hard these countries are attacking these tax havens now.
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The writing is on the wall for socialist egalitarian ideals, which are destroying Western Civilization.
 
GOD_a2981d_733909.jpg
 
/shrug every country can and does protect their own. The real issue is all about leverage. If France wants to do this to google so be it but they have to also make sure they are treating all companies the same. If they piss off another government like the USA we might either slap some fines on some of their companies or start increasing tariffs.

personally I think the big problem here is and has been that various trade agreements have failed to put any sort of consistency into the tax system. If there was consistency in taxes then their would be no benefit to being taxed in one place over another. And IMO there shouldn't be. Countries should have fair and reasonably consistent tax structures for all businesses such that the best course of action is for a company to simply operate in the most efficient manor possible. Not to create a long rube Goldberg mechanism of moving money around in circles within the company.

BTW people are saying the tax rate on corporate profits is 75% in France lol.
 
At some point all of these tax haven's an loops holes are going to disappear. Hopefully it will bring some balance to the hopelessly lopsided situation we have. Now if we could just stop paying people slave wages in China, India and South America we might actually have Western manufacturing back.
 
A little message to to snickering French-Bashers here from a American in Paris.

France does things a little differently than the US. Corporations here are REQUIRED to pay their taxes. They don't pay, the government takes over. Not surprisingly, most corporations comply.

Meanwhile back in the US, paying corporate taxes is strictly optional and if the corporation is lucky enough, they might actually be awarded tax credits on taxes it never paid courtesy of their criminal friends in Congress...

But the biggest sucker out there is you...the US Middle Class taxpayer who always winds up with the tab on April 15.
 
mmarsh said:
A little message to to snickering French-Bashers here from a American in Paris.

France does things a little differently than the US. Corporations here are REQUIRED to pay their taxes. They don't pay, the government takes over. Not surprisingly, most corporations comply.

Meanwhile back in the US, paying corporate taxes is strictly optional and if the corporation is lucky enough, they might actually be awarded tax credits on taxes it never paid courtesy of their criminal friends in Congress...

But the biggest sucker out there is you...the US Middle Class taxpayer who always winds up with the tab on April 15.
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So let me get this straight,

In France, when Corporations dodge taxes the French government takes over.

In America, when corporations dodge taxes, the corporations take over America.
 
Dreaz said:
So let me get this straight,

In France, when Corporations dodge taxes the French government takes over.

In America, when corporations dodge taxes, the corporations take over America.
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Well, a little adjustment is in order: Corporations already took over - it's an oligarchy - thus they can dodge taxes by writing the legislation.
 
One drawback is Unions in France can effectively shut down the country, so the government usually ends up giving in to their demands.

Want to be "owned" by corporations or unions? Choose your poison I guess, both can bankrupt a country.
 
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