Google will pay a total of $1.1 billion to end a four-year probe into its tax activities in France. This is a combination of fine and repayment of additional taxes Google didn’t pay first time around.
France and Germany have both pushed for tighter tax regulations of multination tech giants. Others — Apple included — have been charged in the past. They may have to stump up more cash in the future, too.
The reconstructed Notre Dame cathedral could take some design cues from Apple stores if a proposal from design frim Eight Inc. wins the design competition.
Eight Inc, which designed some of the first iconic Apple stores, submitted a design that uses structural glass to reconstruct the roof and spire that were destroyed in a fire earlier this year. Mockups for the transparent roof look pretty incredible.
The world was horrified yesterday as Paris’ iconic Notre Dame cathedral was ravaged by fire. Today, offers to help rebuild are pouring in, with Apple joining the chorus of companies and individuals promising contributions.
The EU has gone after companies like Apple as part of a crackdown on what it views as unethical tax avoidance. As part of that mission, France is today debating a draft GAFA tax law.
An acronym derived from Google, Apple, Facebook and Amazon, the proposed GAFA law could put a 3 percent tax on revenues for tech companies with annual revenue of more than 750 million euros ($842 million). From the name of the proposed law, it’s no secret which companies that would involve.
Beleaguered French president Emmanuel Macron is hoping to win back public favor by putting in place tax hikes on American tech giants doing business in Europe.
France has reportedly been working with other countries in the European Union to introduce a digital tax on companies including Apple, Amazon, Facebook, and Google. The new taxes, set to be introduced in January, could pull in $792 million.
Apple’s Bordeaux retail store in France was raided over the weekend as continued anti-government protests raged.
In a clip widely shared on Twitter, looters entered the Apple Sainte-Catherine store on Saturday night. They proceeded to pull MacBooks, iPhones and other items off the shelves and tables. Some of those involved with the incident were wearing the yellow vests associated with the riots.