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France Tells McDonald's to Cough Up $341 Million in Unpaid Taxes

That's a lot of McNuggets

bizmac/Flickr

Taxes are on the forefront of many people's minds this week, but no matter how much you owed this year it's nowhere near the tax bill McDonald's is facing in France. The French government says the fast food chain owes $341 million "for unpaid taxes on profits believed to have been funnelled through Luxembourg and Switzerland," Reuters reports.

That lofty sum is the result of an investigation by French authorities that began back in 2014. "McDonald's is one of the biggest payers of company tax in France and we're proud of it," the company said in a statement, noting that it has paid France 1.2 billion euros ($1.4 billion) in taxes since 2009 and created 10,000 jobs there.

France isn't the only country where McDonald's is having tax problems: In Brazil, it's been accused by labor groups of paying bribes to government officials in exchange for favorable treatment from tax regulators, and is currently facing a criminal investigation.

Of course, McDonald's certainly isn't the first American corporation to be accused of sketchy tax-paying practices in Europe. In 2014, the European Union said the Netherlands unfairly gave Starbucks massive tax breaks.

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