{"id":7149,"date":"2019-02-05T16:22:20","date_gmt":"2019-02-05T16:22:20","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/apple-reportedly-settles-french-tax-bill\/"},"modified":"2019-02-05T16:22:20","modified_gmt":"2019-02-05T16:22:20","slug":"apple-reportedly-settles-french-tax-bill","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/apple-reportedly-settles-french-tax-bill\/","title":{"rendered":"Apple reportedly settles French tax bill"},"content":{"rendered":"\n
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IPhone-maker Apple has reached a deal with French authorities to pay back taxes.<\/p>\n

French magazine L’Express reported that the firm paid nearly \u20ac500m ($570m, \u00a3439m) in a confidential settlement reached late last year.<\/p>\n

Apple’s French business confirmed there was a deal in a statement to the Reuters news agency but refused to say how much was paid.<\/p>\n

France is lobbying for an EU-wide tax on the biggest technology firms.<\/p>\n

“As a multinational company, Apple is regularly audited by fiscal authorities around the world,” Apple France said in the statement. <\/p>\n

“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.” <\/p>\n

‘Extensive audit’<\/h2>\n

L’Express reported that the investigation centred on the small amount of sales the firm booked in France despite the size of France as a market for Apple.<\/p>\n

Most of its sales are booked in Ireland where the US firm has its European headquarters, and which has a low corporate tax rate.<\/p>\n

Last year Apple paid an extra \u00a3136m in tax following an “extensive audit” by HM Revenue and Customs.<\/p>\n

Apple Europe agreed to pay a “corporate income tax adjustment” covering years up to 26 September 2015.<\/p>\n

In September, Ireland said it had recovered $13.1bn in disputed taxes from Apple plus interest of \u20ac1.2bn which it will hold in anticipation of its appeal against an EU tax ruling.<\/p>\n<\/p><\/div>\n


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Source<\/a> by [author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Image copyright Getty Images IPhone-maker Apple has reached a deal with French authorities to pay back taxes. French magazine L’Express reported that the firm paid nearly \u20ac500m ($570m, \u00a3439m) in a confidential settlement reached late last year. Apple’s French business confirmed there was a deal in a statement to the Reuters news agency but refused … <\/p>\n","protected":false},"author":0,"featured_media":7150,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/7149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=7149"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/7149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/7150"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=7149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=7149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=7149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}