Google only paid 27.1 million euros in corporate taxes in 2021. Despite a 32% increase in one year, this increase would not be due to a better consideration of its turnover , but, as

Capital

explains

on Monday, at an exceptional profit.

The cloud activity and its employees would indeed have migrated to a new entity created in 2020, Google Cloud France.

At the same time, the DeepMind subsidiary closed.

Clearly, Google still benefits from its tax optimization package which allows it to declare its income generated in France in Ireland.

The French subsidiary is remunerated only for services rendered to other entities.

A turnover of 2.7 billion euros

According to Udecam, the Union of media consulting and buying companies, Google would have achieved, in 2020, a turnover of 2.7 billion euros in France.

That is five times more than what the American firm declared.

In 2012, in order to put an end to these practices, Bercy had tried to proceed with a tax adjustment of Google, in vain.

Finally, in 2019, after a criminal complaint four years earlier, Google had paid 465 million euros to the tax authorities and a fine of 500 million euros as part of an amicable agreement.

“We remain convinced that a coordinated reform of the international tax system through the OECD is the best way to provide a clear framework for businesses operating around the world,” said a Google spokesperson.

In order to put an end to these dubious practices, more than 136 countries have agreed to demand, from January 1, 2024, a minimum tax of 15% from multinationals.

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