EU scrutinises Google’s tax arangements in Ireland


The European Union has taken a closer look at how Google uses operations in Ireland to help reduce its corporate tax obligations within the trade bloc, two people familiar with the matter said.

Officials from the European Commission held in-depth talks with Irish authorities late last year about whether the internet-search unit of Alphabet Inc complies with rules limiting tax perks provided by individual European governments, according to one person, who asked not to be named as the matter is private.

The review was preliminary and might not lead to any formal investigation, the person said. According to another person, an EU investigation isn’t imminent and some Irish authorities are optimistic that initial conversations proved sufficient to avoid a more extensive probe of the company’s tax arrangements.

Ministern for Finance Paschal Donohoe discussed a potential tax case with EU competition commissioner Margrethe Vestager, one person said.

Google declined to comment, as did the European Commission.



READ SOURCE

LEAVE A REPLY

Please enter your comment!
Please enter your name here