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McDonald's to pay France €1.25bn fine to avoid tax evasion court case

McDonald France

McDonald's will pay €1.25 billion in France to avoid a legal case over tax evasion between 2009 and 2020. AFP/File

US fast-food giant McDonald's has agreed to pay €1.25 billion in fines in France to avoid criminal prosecution for tax evasion in a deal that has been validated by the French judiciary.

Under an agreement approved Thursday by a Paris court, McDonald's will pay 1.25 billion euros in France to avoid a legal case over tax evasion between 2009 and 2020.

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