French finance minister rules out Google tax deal, more firms could be targeted


  • TECH
  • Monday, 30 May 2016

No deal: French Finance Minister Michel Sapin ruled out negotiating any deal with Google on back taxes, as Britain did in January. — Reuters

PARIS: France will "go all the way" to ensure that multinationals operating on its soil pay their taxes and more cases could follow after Google and McDonald's were targeted by tax raids, Finance Minister Michel Sapin said.

Sapin, speaking in an interview with Reuters and three European newspapers, ruled out negotiating any deal with Google on back taxes, as Britain did in January.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Coinbase cannot support crypto bill in current form, CEO Armstrong says
Google says US transmission system is biggest challenge for connecting data centers
TSMC likely to post fourth-quarter profit leap driven by AI boom
Exclusive-SK Hynix speeds up new chip fab opening to meet memory demand, executive says
Interactive Brokers says betting on US midterm elections should juice growth of its platform
Trump imposes 25% tariff on imports of some advanced computing chips
OpenAI to buy compute power from Cerebras in deal worth more than $10 billion, source says
California to investigate xAI over deepfake content, officials say
European telcos may get unlimited radio spectrum rights, EU document shows
Visa crypto chief bets on stablecoin settlement, sees volumes growing

Others Also Read