Apple Will Pay $571 Million USD in Back Taxes to France

Apple and France have agreed to a deal that will see the former pay an undisclosed amount of back taxes, estimated to be around $571 million USD. France, alongside several other European nations, have been attempting to force big tech companies like Google, Apple, Facebook, Amazon and Microsoft (GAFAM) to pay higher taxes. This is because Europe-based companies pay over 20 percent in taxes, while aforementioned tech giants pay less than half that. "As a multinational company, Apple is regularly ...