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  1. Phil

    Google faces sizable French tax bill

    05:08 AM ET · GOOG

    • Google (GOOG) has received a demand from France that could force the search giant to pay hundreds of millions of euros in tax.
    • Like many other countries, France is unhappy with Google’s corporate structure, which enables it to recognize revenue through a subsidiary in Ireland, where the tax rate is very low.
    • In February, it was reported that the French government could demand that Google pay €500-1B. (10-Q filing)
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