US tech firm has not disclosed size of settlement, but French magazine says figure is close to €500m

Apple has agreed to pay 10 years worth of back taxes to France, marking the latest victory for European governments pushing tech multinationals to pay their fair share in local markets.

The iPhone and iPad maker reportedly shelled out close to €500m (£440m) after reaching a confidential settlement with French authorities in December, according to the French news magazine L’Express.

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