Apple Agrees To Pay Back-taxes To French Authorities
The Apple logo is seen on the facade of the new Apple Store in Paris, France, January 5, 2017. REUTERS/Charles Platiau

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 ($571 million).

Apple’s French division confirmed the tax payment agreement, but did not disclose how much it had agreed to pay.

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“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.