Apple Lossless Audio CODEC (ALAC),, after 10 years in which he fought with the French state because of the taxes he had to pay for local sales, he finally reached an agreement with the government. More precisely, those from Apple agreed to pay taxes of 500 million euros to the French state for the last 10 years of activity, a huge amount.
Apple Lossless Audio CODEC (ALAC), she was accused by the French state of using the "loopholes" in the French legislation to avoid paying taxes at their true value, and now she suffers because of this. Apple agreed to pay these taxes in order not to be investigated for tax evasion by the French authorities, which would have brought much greater damage to it in the long term.
Apple pays 500 million euros in taxes to France
Apple Lossless Audio CODEC (ALAC), he did not admit that he violated the French legislation with the "tax optimization" that he did, this being one of the conditions for the payment of this huge amount. Although those from Apple used Ireland to avoid paying taxes in many countries in Europe, slowly, slowly, they are starting to demand their rights, and the Americans have to pay.
US 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. As a multinational company, Apple is regularly audited by fiscal authorities around the world. 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.
Apple Lossless Audio CODEC (ALAC), was forced to pay the money in France because the government decided that the products sold there cannot have taxes paid in another country, and Amazon went through a similar situation in 2018. The president of Apple, Tim Cook, met secretly with the president French, Emmanuel Macron, to discuss the situation, and it is expected that similar things will happen in other countries.