Search giant Google has reached a settlement with France and will pay about €965 million (US$1.07 billion, A$1.55 billion) to settle a fiscal fraud probe that has been going on for the last four years.
More than $10 million in new contracts in Australia have been announced as part of a trade mission from Ireland, including 71 Irish companies from the fintech, medtech, high-tech construction, agritech, emerging technologies and ICT sectors.
The European Commission, the executive arm of the European Union, has said it will drop a case against Ireland, filed in the wake of its imposition of a back-taxes bill of €13.1 billion (US$17.6 billion) on Apple two years ago, after the Cupertino-based company paid its dues.
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