Apple to pay 10 years of back taxes to France
by Kalyeena Makortoff from Technology | The Guardian on (#48GGG)
US tech firm has not disclosed sum but French magazine says figure is close to a500m
Apple has agreed to pay 10 years of back taxes to France, marking the latest victory for European governments pushing tech multinationals to pay their fair share in local markets.
The iPhone and iPad maker reportedly shelled out close to a500m (440m) after reaching a confidential settlement with French authorities in December, according to the French news magazine L'Express.
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