{"id":1521707,"date":"2022-06-18T07:50:18","date_gmt":"2022-06-18T11:50:18","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1521707"},"modified":"2022-06-18T07:51:04","modified_gmt":"2022-06-18T11:51:04","slug":"mcdonalds-ordered-to-pay-france-1-25-billion-in-tax-dispute","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mcdonalds-ordered-to-pay-france-1-25-billion-in-tax-dispute\/","title":{"rendered":"McDonalds Ordered to Pay France $1.25 Billion in Tax Dispute"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fmcdonalds-ordered-to-pay-france-1-25-billion-in-tax-dispute%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1521707&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<div class=\"RichTextArticleBody\">\n<div class=\"RichTextArticleBody-body\">\n<div class=\"Enhancement\">\n<div class=\"Enhancement-item\"><\/div>\n<\/p><\/div>\n<p><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/mcdonalds\" target=\"_blank\" rel=\"noopener\">McDonald&#8217;s<\/a> <span class=\"ArticlePage-articleBody-firstLetter\">w<\/span>ill pay the equivalent of over $1 billion in fines and back taxes to <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/france\" target=\"_blank\" rel=\"noopener\">French<\/a> authorities, bringing an end to a yearslong dispute over alleged tax evasion. <\/p>\n<p>The <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/restaurants\" target=\"_blank\" rel=\"noopener\">fast-food giant<\/a> will pay 508 million euros, or the equivalent of $532 million in the United States, in fines and 737 million euros (or $772 million) in back taxes as part of a settlement approved by a Paris court on Thursday, making the $1.25 billion settlement the second largest in French history, <a class=\"Link\" href=\"https:\/\/www.france24.com\/en\/europe\/20220616-mcdonald-s-to-pay-%E2%82%AC1-25-billion-in-france-to-avoid-prosecution-for-tax-evasion\" target=\"_blank\" rel=\"noopener\">according<\/a> to France 24. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/politics\/majority-voters-rate-economy-poor-poll\" target=\"_blank\" rel=\"noopener\">MAJORITY OF VOTERS SAY ECONOMY IN &#8216;POOR&#8217; CONDITION: POLL<\/a><\/b> <\/p>\n<p>The case, which first surfaced in 2014, centered on allegations that McDonald&#8217;s French operation diverted fees paid by its franchise restaurants to its <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/europe\" target=\"_blank\" rel=\"noopener\">European<\/a> parent company in Luxembourg, reducing its taxable income in France as a result. An investigation was opened in 2016 after McDonald&#8217;s union officials filed a complaint reporting that the company was committing tax evasion. <\/p>\n<p>McDonald&#8217;s argued the settlement was not an admission of guilt. The company instead insisted it had paid more than 2.2. billion euros (or over $2.3 billion) in corporate income tax in France for the period in question and created nearly 25,000 new jobs in the country, according to a statement obtained by the outlet. <\/p>\n<p><b><a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/\">CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER<\/a><\/b> <\/p>\n<p>McDonald&#8217;s France is &#8220;working proactively with French <a class=\"Link\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/tax\" target=\"_blank\" rel=\"noopener\">tax<\/a> authorities to agree the current and future level of brand and know-how fees,&#8221; the company said.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>McDonald&#8217;s will pay the equivalent of over $1 billion in fines and back taxes to French authorities, bringing an end to a yearslong dispute<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1521707","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1521707","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1521707"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1521707\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1521707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1521707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1521707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}