NEWS

Analysis Of Data Seized From Google’s French Headquarters…

Could Take Years

google new logoAccording to a Reuters report, the analysis of data seized by investigators in a recent raid of Google’s headquarters located in Paris, France could take months if not years.

French authorities are said to be pursuing some billions of dollars in corporate tax and VAT from Google, charging that the U.S. owned Company did not pay a fair share of taxes in France on revenues earned in 2014.

Dozens of French police had earlier raided Google’s offices, escalating an investigation over suspected tax evasion.

“We have collected a lot of computer data,” said financial prosecutor Eliane

Houlette in an interview with Europe 1 radio, TV channel iTele and newspaper Le Monde, adding that 96 people took part in the raid.

“We need to analyze (the data) … (it will take) months, I hope that it won’t be several years, but we are very limited in resources.”

Google, which said it is complying fully with French law, is under pressure across Europe from public opinion and governments angry at the way multinationals exploit their global presence to minimize tax liabilities.

Nigel Belle, Readers Bureau, Fellow

Edited by Jesus Chan

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