Facebook France has agreed to pay 106 million euros in back taxes and penalties

The agreement, according to which Facebook France will pay 106 million euros in back taxes and penalties, was reached after French tax authorities had carried out an extensive audit covering FY 2009-2018.

Furthermore, Facebook’s French revenues were increased last year after the company decided to include advertising income from French companies in its local accounts, instead of declaring them in Ireland, where Facebook’s international operations are based. As a result, Facebook will pay 8.4 million euros in taxes in France this year – 50% more than last year.

These changes are likely the result of efforts from the French government to have global online businesses pay more taxes locally.

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