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Facebook will have to pay France 125 million dollars in back taxes

In recent years, several countries have been debating the digital tax on technology companies that offer services and obtain profits from them regardless of whether or not they have a tax domicile in the territories where they have a presence; Facebook, Google, Twitter, Apple, Spotify, among them. In recent years, several countries have been debating the digital tax on technology companies that offer services and obtain profits from them regardless of Mexico Mobile Database of whether or not they have a tax domicile in the territories where they have a presence; Facebook, Google, Twitter, Apple, Spotify, among them. Some nations have made progress on the issue, as is the case of France that has just managed to get the company co-founded by Mark Zuckerberg to agree to pay a millionaire debt for back taxes. On Monday it became known that Facebook. He agreed to pay 106 million euros (about $ 125 million) in back taxes that would include the company’s activities on French territory between 2009 and 2018. This was revealed by the business magazine Capital and Reuters, which the Menlo Park company would later confirm.

According to the information, the reason was not to have declared to the tax authorities the income generated in France during those years.“We take our tax obligations seriously, we pay the taxes we owe in all the markets in which we operate, and we work closely with tax administrations around the world to ensure compliance. all applicable tax laws and resolve any disputes. Since 2018, we have changed our sales structure so that revenue from advertisers supported by our teams in France is recorded in this country. This year, we paid 8.46 million euros in income tax, an increase of almost 50 percent over last year, “Facebook said in a statement sent Brother Cell Phone List to the French media. The agreement comes in a context in which the French government is pushing hard to reform international tax rules on digital companies such as Facebook, Google (and its parent Alphabet), Apple, and Amazon, among others. They cancel digital tax in this country because it generates little money, what does it mean for Mexico? In this regard, it is enough to remember that in July of last year, the finance ministers and the central bank governors of the G-7 (Germany, Canada, the United States, France, Italy, Japan, and the United Kingdom) agreed to approve in their respective legislations a the so-called “digital tax”.

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The objective of what was called Google Tax at the time is to force large technology companies that have digital operations in various markets, for which they obtain income, have to pay taxes, regardless of whether they are not physically present. It is an issue that was replicated in various countries, Spain and Mexico – where it is already charged by various brands such as Spotify and Netflix – are some of them, for example. However, and despite the consensus, everything indicates that the tax has its complexity. An example of this is what happens in the United Kingdom, where the government would be willing to eliminate its own version of the digital tax, known to some as the “Facebook Tax”.This is because, although it is estimated that it would generate an additional 654 million dollars for public finances – this year alone – the British finance minister, Rishi Sunak, seems to be convinced that they are not nearly enough resources. Therefore, it could be planning to eliminate it permanently, according to a recent report and Reuters revealed.

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