Greg Sterling says, “Many governments in Europe don’t believe that US companies such as Google, Amazon, Facebook, Starbucks and Apple are paying their fair share of taxes. For example, Apple may face remedial tax liability in Europe of $8 billion according to a Bloomberg report.

Google is reportedly now negotiating with European governments to settle myriad tax disputes and to “normalize” its tax relationship with The Continent. According to the Wall Street Journal (WSJ), Google is now in active talks with France and other government ministers about what they claim are unpaid or underpaid taxes. Alphabet Inc. executive chairman Eric Schmidt has reportedly been meeting with European officials in Davos, Switzerland this week.

France’s economic minister was quoted in the WSJ article saying there’s “a positive dynamic” in the company’s discussions with Europe. Google, Apple and Facebook all located their European headquarters in Ireland, while Amazon is in Luxembourg. Ireland offers lower corporate tax ratesthan almost all other countries in Western Europe (12.5 percent in most cases; 6.25 percent in the case of R & D)“.

Google Seeking To “Normalize” Tax Relations With Europe, Settle Claims

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