France has thousands and thousands in again taxes coming to it from Apple.
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Apple reached a take care of French authorities to back-pay 500 million euros ($571 million) in taxes, reviews stated.
The Cupertino, California, firm’s French department confirmed the tax settlement to Reuters on Tuesday, with out revealing how a lot it could pay.
However, French journal L’Express reported the sum and famous that the deal was made on the finish of December.
In December, French finance minister Bruno Le Maire stated his nation would begin taxing tech giants at a nationwide degree if European Union nations could not agree on a joint tax on digital revenues.Â
Last May, Apple handed over the primary billion in a $15 billion Irish tax tremendous ordered by the EU in 2016.
Neither Apple nor the French tax authorities instantly responded to requests for remark.
Watch this:
EU: Apple, you owe $14.5 billion in taxes
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