France Seeking $1.76 Billion In Back Taxes From Google (reuters.com)
An anonymous reader writes: According to a Reuters insider, France is seeking 1.6 billion euros in back taxes from Google, dwarfing what the United Kingdom recently agreed to pay. France apparently has no interest in striking the same 'sweetheart tax' deal that put the UK into a critical light when it revealed that the search giant would pay only 130 million pounds of tax, a $181.18 million settlement, for over 10 years in multi-billion dollar trade in the UK.
France has serious economic problems This kind of stupidity on the part of the French government will only discourage investment in the country further and hurt them even more.