Google will pay 465 million euros in taxes in France, the promotion of a settlement of up to 1 billion

FILE PHOTO: A Google sign is seen at the WAIC (World of Artificial Intelligence Conference held in Shanghai, China, on September 17, 2018. (REUTERS photo/Aly Song, File/Photo

PARIS (Reuters) – Google said on Thursday it has agreed to pay 465 million euros in taxes to the French authorities, bringing the total settlement to end a tax evasion probe, is in the country of nearly 1 billion.

In france, the financial public prosecutor’s office, said Google had agreed to pay over half a billion euro in fines to settle the four-year-old study.

“We need to put an end to the tax dispute we had in France for many years now,” Google said in a written statement.

“These agreements will include a consideration of 500 million euros, as announced by the French courts, as well as in the amount of 465 million euros in additional taxes, which we have agreed to pay for it,” it added.

Reporting by Mathieu Rosemain; Editing by GV De Clercq

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