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Wireless

Apple agrees deal with French authorities to settle back taxes

Tuesday 5 February 2019 | 12:55 CET | News

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Apple said that its French division has agreed to make a payment to the country's tax authorities following a multi-year audit on the company's accounts. The statement confirms earlier information gathered by L'Express, which reported that Apple reached a confidential settlement to pay back taxes at the end of 2018. While the company has not disclosed how much it agreed to pay, the information from L'Express points to a sum close to EUR 500 million, covering a period of ten years.

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Categories: Mobile & Wireless
Companies: Apple
Countries: France
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