U.S. technology giant Apple said it had reached a deal with France to pay an undeclared amount of back-dated tax, with French media putting the sum at around 500 million euros (C$750-million).
Apple’s French division confirmed the tax payment agreement, but did not disclose how much it had agreed to pay.
“As a multinational company, Apple is regularly audited by fiscal authorities around the world,” Apple France said in a statement. “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.”
The French government is pushing for a European Union-wide tax on the world’s top digital and software companies.