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Facebook agrees to pay France ‚ā¨106m in back taxes | BBC News
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Facebook agrees to pay France ‚ā¨106m in back taxes | BBC News

Facebook has agreed to pay France in back taxes to settle a dispute over its revenues earned in the country. The payment amounts to ‚ā¨106m (¬£95.7m) covering the last decade of its French operations from 2009 and an additional ‚ā¨8.46m in taxes on revenues in France for 2020 – more than half of what it paid in 2019. The social networking giant did not share details of the tax dispute, but France has been pushing tech companies to pay their fair share of tax inside the country where it is generated.

Source: https://www.bbc.com/news/business-53894959

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