McDonald’s has agreed to pay $1.3 billion to resolve a tax dispute with the French government

McDonald‘s has agreed to pay $1.3 billion in fines and back taxes to settle a tax dispute in France.
The case centered on allegations that McDonald’s diverted fees paid by its franchise restaurants to units in other countries.
McDonald’s lawyers said the settlement did not amount to an admission of guilt.

The settlement is similar to a $1 billion accord reached by Google, now Alphabet Inc, in 2019 to end a French case where it had also been accused of unfairly shifting profits.

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