iOS

Apple to pay France back-taxes estimated at 500 million Euros

Apple France has been subject to a financial audit by the French tax administration. As a result, Apple has agreed to pay back-taxes to French authorities, but the amount has not yet been officially disclosed. According to a recent Reuters report, the amount has been estimated by French media at roughly 500 million Euros (around $571 million).

While Apple France confirmed the agreement, it did not disclose the amount in the statement made: “As a multinational company, Apple is regularly audited by fiscal authorities around the world. The French tax administration recently concluded a multi-year audit on the company’s French accounts, and those details will be published in our public accounts“.

Meanwhile, France is pushing for a single tax in the European Union for digital and software companies that are in the world’s top.

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Anton D. Nagy
Anton is the Editor-in-Chief of Pocketnow. As publication leader, he aims to bring Pocketnow even closer to you. His vision is mainly focused on, and oriented towards, the audience. Anton’s ambition, adopted by the entire team, is to transform Pocketnow into a reference media outlet.