Facebook to pay 104 million euros in back taxes in France: Report

PARIS: Facebook’s French subsidiary has agreed to pay more than 100 million euros ($118 million) in back taxes, including a penalty, after a ten-year audit of its accounts by French tax authorities, the company said on Monday.

France, which is pushing hard to overhaul international tax rules on digital companies such as Facebook, Alphabet’s Google , Apple and Amazon, has said the big tech groups pay too little tax in the country where they have significant sales.