Tag Archives: tax authorities

France Seeking £1.3 Billion Tax from Google vs UK Just £0.13 Billion

French tax authorities are rumoured to be seeking €1.6 billion, about £1.3 billion, from Google in back taxes. Compared to HMRC only getting £130 million. Given the Google business model in both countries is essentially the same, either the French … Continue reading

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Greece to Use Banks to Collect VAT at Source

Greece has brought in a law to make banks collect VAT at source out of B2B transactions over €3,000 and B2C over €1,500. The idea is the banks hand over the VAT to the tax authorities inside a week, so … Continue reading

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European Competition and Tax Investigation into US Multi-nationals

The European Commission has given a progress report on its competition and tax investigations into US multi-nationals Apple, Starbucks, Amazon, along with FIAT. The commissioner, Margrethe Vestager, said she would not be able to finish the investigation this second quarter … Continue reading

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