Booking.com announces an “amicable agreement” of 153 million euros with the French tax authorities
The Dutch hotel booking platform Booking.com has just announced, this Wednesday, having concluded with the French tax authorities an “amicable agreement” providing for the payment of 153 million euros for a tax adjustment relating to the period 2006-2018.
Created in the Netherlands in 1996, Booking.com, subsidiary of the American giant Priceline Group since 2005. It had been the subject of a first control relating to its activities in France over a period between 2003 and 2012. In 2016, the platform had been notified of a recovery of 356 million euros by the tax authorities. French. She then negotiated to reach an agreement. However, this agreement does not cover the accounting years from 2018 to 2022.
“Our activity is in accordance with the law”
“As a Dutch group paying taxes in the Netherlands, we maintain that we are and have always been in good standing with French taxation, and we are satisfied to confirm that we have reached an amicable agreement with the French tax authorities”, said the European leader in online booking.
Booking.com says it wants to do its best to ensure “that our activity complies with the law of all the countries in which we operate. This includes our willingness to pay all applicable taxes and duties that are our responsibility” by being “satisfied” with this agreement.
The headquarters of the platform is in the Netherlands, a country whose taxation for companies is more advantageous than that of other European countries.The Directorate General for Public Finance (DGFiP) did not wish to comment on the information, as it is covered by tax secrecy.
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