Apple has reportedly reached a deal with France over paying back taxes

on Feb5
by | Comments Off on Apple has reportedly reached a deal with France over paying back taxes |

The Apple logo is seen on the window at an Apple Store on January 7, 2019 in Beijing, China.

Kevin Frayer | Getty Images

The Apple logo is seen on the window at an Apple Store on January 7, 2019 in Beijing, China.

Apple agreed to pay $571 million to French authorities to settle a back-dated tax, French media reported on Tuesday.

“As a multinational company, Apple is regularly audited by fiscal authorities around the world,” Apple France said in a statement to Reuters. “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.”

A comment from Apple wasn’t immediately available when contacted by CNBC. France’s finance ministry was not immediately available when contacted by CNBC.

This is a breaking news story. Please check back for updates.



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