Google's Paris headquarters raided in probe into "aggravated financial fraud and organized money laundering"

Google's tax affairs in Europe have been the subject of some interest for a while now. Today the company's headquarters in Paris was raided by French investigators as part of an ongoing financial probe. While other European countries have questioned whether Google is paying enough tax, in France the company finds itself accused of "aggravated financial fraud and organized money laundering". It is also accused of evading taxes by channelling money through other countries. The arrangement Google uses -- which sees the majority of its European income processed through an Irish company -- is quite common, particularly in the tech… [Continue Reading]