Google , Google ’s subsidiary , has separated out fines paid to the European Commission in its latest statement of income . Such fines increased from $ 2.7bn in 2017 to $ 5.1bn last year , with a further € ##100 m ##n to be added to the company ’s 2019 accounts as a result of action by the French data protection authority , CNIL . It's ‘other bets', as it describes non-Google activities, saw losses balloon during 2018, increasing from $2.7 billion to $3.36 billion. The accounts also show that the company made a provision for income taxes of just $ 500 for 2018 , equivalent to 12 % of its pre - tax income , down from a previous $ 14.5bn .
Google , Google ’s subsidiary , has separated out fines paid to the European Commission in its latest statement of income . Such fines increased from $ 2.7bn in 2017 to $ 5.1bn last year , with a further € ##100 m ##n to be added to the company ’s 2019 accounts as a result of action by the French data protection authority , CNIL . The accounts also show that the company made a provision for income taxes of just $ 500 for 2018 , equivalent to 12 % of its pre - tax income , down from a previous $ 14.5bn .