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Apple says reaches agreement on French back taxes

AFP  |  Paris 

Apple has reached an agreement with French authorities over 10 years of back taxes, the US firm told AFP on Tuesday, confirming information published by the French magazine L'Express.

The magazine reported that the firm paid nearly 500 million euros ($570 million) to resolve the case in a confidential settlement reached in December. A source familiar with the case confirmed the amount to AFP.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 05 2019. 15:17 IST