Tuesday

21st Nov 2017

Ticker

Google escapes €1bn French tax bill

Paris administrative court ruled on Wednesday that the French state could not ask Google to pay out €1,115-billion in taxes. It said the US tech company cannot be taxed for the activities of its AdWords service because it has no "permanent establishment" in France, pointing out that Google's European headquarters, staff and servers are in Ireland. The exemption was based on a law from 1928.

Opinion

EU must confront Poland and Hungary

Curtailing NGOs and threatening judicial independence are the hallmarks of developing-world dictators and authoritarian strongmen, not a free and pluralistic European Union.

Amsterdam wins EU medicines agency on coin toss

The staff of the London-based EMA will move to the Dutch city of Amsterdam after Brexit, following a coin toss. Chance also decided the new home of the European Banking Authority: Paris.

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