Google pays its taxes, senior Europe executive insists

387

PARIS: Google pays taxes in every country where it has a presence, the multinational tech giant’s Europe vice president Carlo d’Asaro Biondo said Friday as the company faces a raft of fiscal probes across the continent.

“The taxes are paid overwhelming where the value is created. And Google creates most of tis value in the United States,” D’Asaro Biondo told radio France Info.

He was speaking the day after Google’s offices in Madrid were searched in a tax probe, just over a month after police raided the Internet giant in Paris in a similar investigation.

“We have an overall tax rate of approximately 20 percent. This is within the OECD (Organisation for Economic Co-operation and Development) average,” the Google executive said.