TAXATION: The taxation of US internet giants, such as Apple is a recurring issue of conflict between these companies and the French State
Apple goes to checkout. The group paid 11.94 million euros to the French tax authorities, in addition to another payment of 576 million euros already made public last February, according to information from the Express / Expansion confirmed from a close source folder. This last settlement is a tax dispute several years old.
It covers Apple Retail, the French subsidiary of the group that manages Apple’s stores in France, for the years 2012 to 2014. The other litigation of 576 million euros involved, him, ten years of activity of the Apple France subsidiary, which manages the advertising and marketing of the brand in France.
Sales up 122%
According to information from the Express, confirmed by the source close to the file, the agreement with Bercy can clear the past, but also raises the tax bill for Apple for years to come. “The group has reviewed its accounting method” for its activities in France, says the weekly.
As a result of this agreement, the subsidiary Apple France posted a turnover of 199.7 million euros in 2018, up 122% over 2017, thus considerably increasing its tax base. The taxation of US internet giants is a recurring issue of conflict between these actors and the French state. The Senate must thus vote on Thursday the bill on the taxation of Gafa (Google, Amazon, Facebook and Apple), which will make France one of the pioneers in this area.