Investigators had since 2014 been probing whether fees paid by McDonald's French operation to its European parent company in Luxembourg for use of the chain's brand in fact served to artificially slash its profitsNEW YORK - McDonald's will pay 1.25 billion euros in France to avoid a legal case over tax evasion between 2009 and 2020, under an agreement approved Thursday by a Paris court.
Hailing the fine as the"maximum amount possible" under such a deal, he added that McDonald's would pay"2.5 times the amount of tax avoided". A source familiar with the case told AFP this week that such practices within the same group are"used exclusively to avoid taxes". In a statement, McDonald's said it had already paid 2.2 billion euros in taxes over the period in question.
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