Bernard Arnault, head of the luxury goods group LVMH, has been ordered to pay nearly €22.5 million in back taxes after a Paris appeals court overturned earlier rulings in his favour in a long-running dispute with the tax authorities.
The decision, first reported by the investigative news website L'Informé and seen by AFP, reverses a 2020 judgment that had cleared the LVMH chairman and his wife of the tax assessments and penalties.
