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IT

Microsoft could face EUR 600 mln tax payment in France – report

Thursday 31 August 2017 | 09:04 CET | News
The French tax authorities intend to request an additional payment of EUR 600 million from Microsoft, reports BFM Business, targeting the company's practice of using its operations based in Ireland as the beneficiary for the sales of banner ads to French clients. If confirmed, this would be the second largest tax adjustment requested by the country's tax authorities, after they attempted without success to claim a EUR 1.1 billion tax bill from Google earlier this year.

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Categories: IT
Companies: Microsoft
Countries: France
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