Apple Agrees To Pay 500M To End 10 Year French Tax Battle
Apple has settled a ten-year tax battle with France, agreeing to pay a reported half a billion Euros ($570M) in back tax. The French government had accused Apple of evading or avoiding tax due on sales made in France … The line between tax evasion, which is illegal, and aggressive tax-avoidance, which is legal, can often be a rather blurred one. Tax evasion is subject to prosecution, while no tax is payable in the case of tax avoidance....