Arab Today, arab today mcdonald\s denies report of suspected tax evasion in france
Last Updated : GMT 02:18:28
Arab Today, arab today
Arab Today, arab today

McDonald\'s denies report of suspected tax evasion in France

Arab Today, arab today

Arab Today, arab today McDonald\'s denies report of suspected tax evasion in France

Paris - AFP

McDonald's on Tuesday denied a magazine report that tax authorities in France suspect it of trying to avoid paying taxes on 2.2 billion euros ($3 billion) of income from its 314 French eateries. The French magazine L'Express said in its Wednesday edition that the US fast-food giant has since 2009 funnelled that sum through its Swiss and Luxembourg subsidiaries, thereby paying less value-added and corporate profits tax than in France. "The loss for the French state is likely to be several hundred million euros," the magazine said. It added that French tax authorities searched McDonald's main office in France on October 15 last year. But McDonald's "firmly" denied the report, saying it complies with "applicable laws in France" and all its franchised restaurants in the country pay corporate tax in France. "They have paid one billion euros in company taxes since 2009," the company said. McDonald's did confirm, however, "an information request" from French tax authorities in October. The French finance ministry declined immediate comment to AFP on the report.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today mcdonald\s denies report of suspected tax evasion in france Arab Today, arab today mcdonald\s denies report of suspected tax evasion in france

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today mcdonald\s denies report of suspected tax evasion in france Arab Today, arab today mcdonald\s denies report of suspected tax evasion in france

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday