Facebook agrees to pay $ 125 million in back taxes to France | News | DW


Facebook announced Monday that it had agreed to pay $ 125 million (106 million euros) in back taxes to the French government for a ten-year period ending in 2018. The deal came after tax authorities conducted a thorough audit of the social media giant’s operations in France.

Facebook said in a statement: “We take our tax obligations seriously, pay the taxes we owe in all the markets in which we operate and work closely with tax administrations around the world to ensure compliance with all laws. applicable taxes. ”

Read more: Facebook removes nearly 800 QAnon groups for inciting violence

The social media conglomerate said it has changed its sales structure since 2018 so that “the revenues of advertisers supported by our teams in France are recorded in this country.”

“This year, we pay 8.46 million euros in income tax, an increase of nearly 50% compared to last year,” the statement continued.

“We have also concluded an agreement with the tax authorities covering the years 2009-2018, under which we will make a payment of 106 million euros. ”

The Franco-American tax dispute

The taxation of American technology companies in Europe has been the subject of a long-standing battle between France and the United States. Many American companies are headquartered in countries with low tax regimes.

However, French President Emmanuel Macron and his government have pressured web giants like Facebook, Google, Twitter and Amazon to pay more taxes in the countries in which they operate.

Read more: Opinion: The absurdity of TikTok’s espionage allegations

Macron’s move has led to a tit-for-tat tax dispute with Washington.

In July 2019, France imposed a 3% tax on digital services on global technology powers, which has since been postponed until the end of 2020. Last month, the White House announced its intention to impose taxes on $ 1.3 billion in French imports, including handbags and makeup. .

vous / dj (AFP, AP)


Please enter your comment!
Please enter your name here