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Every day, more than 1.7 billion people on our planet use the internet. The world of online shopping has made it easier to buy things from a computer or smartphone in a matter of seconds—and there's no end in sight for this global phenomenon.It's a good thing, then, that the company Wanadoo has been around since 1989 and provides internet service for millions of consumers. This French company offers wireless connection with speeds up to 21 Mega-bit per second, and their customer service is impeccable according to many reviews on Yelp and Trustpilot. With this in mind, it's surprising to find out that Wanadoo has to pay taxes. Impressively, this company doesn't have any type of tax. Their headquarters are located in Paris, but their registered office is in the Netherlands. The reason behind this may be because Wanadoo has operations in two countries—France and the Netherlands—and both are tax-free zones.The only form of taxation they have is VAT included in their prices, which is used by all companies around the world to charge the final customer. Then again, Wanadoo may choose not to charge VAT because of their operations abroad—which might also save them money. Wanadoo has kept its headquarters in Paris, France.
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2001-2002 08/04/2002 - Announcement of the acquisition by Orange of the 60% of shares not owned by Wanadoo Group. Wanadoo Group owned 40% of shares. The shares not owned by Wanadoo Group are assumed by Orange S.A., which took the control of the company. The remaining 20% of shares are owned by Wanadoo S.A. A.A.C.I. : €148,497,652Capital of Wanadoo Group : €120,028,318Capital of Wanadoo S.A. : €60,957,504Wanadoo S.A. Capital decrease : €9,937,430 - Capital increase by the acquisition of the share capital in ConsorZio S.p.A. : €154,000Arise-up Group consists in ConsorZio S.p.A., that is a holding company that controls Consorzio Lavoro Sardi SpA and Consorzio Lavoro Blanco SpA.
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