The Facebook branch in France agreed to pay more than 100 million euros (118 million dollars) in tax arrears and fines, after the French tax authorities reviewed Facebook accounts for Ten year period.
According to Reuters, the French authorities said that digital technology and social media companies and groups, such as Facebook and Alphabet, which owns Google, Apple and Amazon, pay low taxes in France even though they make sales High, and strives to introduce changes to international tax rules for those companies.
> Existing international tax rules allow companies to transfer sales made in local markets in Europe to their regional headquarters. Some of these companies, including Facebook, have European or global headquarters in countries with lower corporate tax rates, such as Ireland.
A Facebook spokesperson said that the French tax authorities conducted an audit of Facebook accounts for the period from 2009 to 2018, and that resulted in its subsidiary in France agreeing to pay 106 million euros in total. .
neither the spokesperson nor the French tax authority disclosed any further details.
The spokesperson indicated that the company had decided since 2018 to include sales of its ads in France in its annual accounts there.
As a result, the annual accounts of Facebook France for 2019, submitted to the French Companies Registry and reviewed by Reuters, showed that total net income nearly doubled in 2019 from The year before it, registering 747 million euros.
(Amazon fun knowledge)
