Google Spared $1.3 Billion Tax Bill With Victory In French Court (bloomberg.com)
New submitter Zorro shares a report from Bloomberg: Google won its fight against a 1.12 billion-euro ($1.3 billion) French tax bill after a court rejected claims the search-engine giant abused loopholes to avoid paying its fair share. Google didn't illegally dodge French taxes by routing sales in the country out of Ireland, the Paris administrative court decided Wednesday. Judges ruled that Google's European headquarters in Ireland can't be taxed as if it also has a permanent base in France, as requested by the nation's administration. "Google Ireland isn't taxable in France over the period 2005-2010," the court said in a statement. Google said in a statement: "The French Administrative Court of Paris has confirmed Google abides by French tax law and international standards. We remain committed to France and the growth of its digital economy."
Google: We are a progressive company
Curious Kid: What does that mean?
Google: We believe in social justice, taking care of the poor, equality, stuff like that?
Curious Kid: So, this means that you are very diverse, have about 50% girls, and pay all your taxes to fund all the social programs that you advocate for?
Google: Not in the slightest
Curious Kid: Oh, I get it, progressive means the life you think others should have, but not yourself.
Google: Pretty much
"Liberalism is a very noble idea, currently controlled by some very bad people. Be sure you do not get the two confused.