PARIS, France — Google confirmed on Thursday that it has agreed to pay €500 million in additional taxes to French authorities, boosting the total settlement to end a fiscal fraud probe in the country to nearly 1 billion.
A Google spokesperson said the settlement brings an end to tax and related disputes that have “persisted for many years.”
“The settlements comprise a €500 million payment that was ordered today by a French court, as well as €465 million in additional taxes that we had agreed to pay, and that have been substantially reflected in our prior financial results,” the spokesperson said in a statement. “We continue to believe that the best way to provide a clear framework for companies that operate around the world is co-ordinated reform of the international tax system.”
French financial prosecutors opened an investigation into the company’s tax dealings four years ago. Investigators were probing the company to determine if it evaded taxes by failing to declare the full extent of its activities in the country.