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France against McDonald’s, evade taxes: the claimed amount was 300 million euros

The French Ministry of Finance has demanded from the local branch of the American chain of fast food restaurants McDonald’s, which through illegal schemes derived the profits earned within the country, in the subsidiaries in Switzerland and Luxembourg, payments of underpaid its tax for the total amount of 300 million euros, including 100 million penalty.

French Finance Minister Michel Sapin, as well as the representative of the French McDonald’s refused to comment on the information, said on Wednesday, April 20, edition of Forbes.

A lawsuit to recover unpaid tax was filed in late 2015, but its amount was not known, reminds the edition.

The article States that in this case there are a number of legal complexities, which make the requirement of the Ministry of Finance is not so clear and irrefutable. In particular, it is noted that this trademark is not owned by France, was founded long before the advent of the European Union, and is not entirely clear whether it should obey the Alliance rules and the tax laws of France




France against McDonald’s, evade taxes: the claimed amount was 300 million euros 20.04.2016

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