• France's news in English

French taxman trains sights on Apple

The Local · 14 Apr 2015, 11:35

Published: 14 Apr 2015 11:35 GMT+02:00

Facebook Twitter Google+ reddit

The tax audit concerns Apple France’s accounts between 2011 and 2013, according to accounts filed earlier this month at the Registry of the Commercial Court.

French tax authorities are looking at the disparity between the level of taxation and the amount of sales in France.

“In March 2014, Apple France was notified of an opening of a tax audit for the fiscal years 2011, 2012 and 2013. The tax audit underway,” according to a document provided by the French subsidiary to the commercial court quoted in Le Parisien.

According to the website L’Express, Apple France, which is located in Paris’s wealthy 16th arrondissement, paid just €7 million in corporate income tax in 2014 on a turnover of €52.4 million.

The previous year Apple France paid just  €6.4 million in tax.

That figure appears fairly low given that the apple recorded sales figures of €38.6 billion across the whole of Europe in 2014. 

On top of that the sales figures of Apple products in France reached €463 million last year, but they 

The sales of Apple’s 21 outlets in France and through the online store are accounted for separately through another subsidiary  - Apple France Retail, which is registered in Cork, Ireland. 

French tax authorities are concerned by the fact that only 1.3 percent of Apple's European-wide revenue, is subject to the Frnech tax man, which doesn't quite add up for France's ministry of finance. 

In fact Apple benefits from the more beneficial tax rates in Luxembourg, where all downloads through the Apple store are registered and in Ireland where all the sales figures from the stores are declared.

Story continues below…

In March the European Commission unveiled a tax transparency package to crack down on corporate tax avoidance.

The package includes a proposal to introduce an automatic exchange of information between the EU’s 28 member states on their tax rulings.

According to the commission the member states are deprived of billions of euros each year as a result of tax evasion.

Facebook Twitter Google+ reddit

Your comments about this article

Today's headlines
How speaking French can really mess up your English
Photo: CollegeDegree360/Flickr

So you've mastered French, but now it's time to learn English all over again.

French claims that Jungle camp is empty are rubbished
Photo: AFP

Reports from the scene say scores of migrants are still in the area of the Jungle despite French authorities claiming "mission fulfilled."

Kidnapped Riviera millionaire left tied up in car boot in Nice
Photo: AFP

Head of luxury Cannes hotel has been found alive after being kidnapped in Nice on Monday.

Paris landlords still charging illegally high rents
Photo: Panoramas/Flickr

... and it's tenants in the smaller apartments that get hit the hardest. Could you be paying too much?

France takes baby steps to make life simpler
Photo: AFP

... including extending the ridiculously short time limit for registering a new baby.

IN PICTURES: Calais Jungle camp goes up in flames
All Photos: AFP

Migrants leave behind a scorched camp as they are moved to locations across France.

French expats in UK suffer Brexit abuse
French ambassador to the UK Sylvie Bermann with Foreign Secretary Boris Johnson. Photo: AFP

French nationals no longer feel at home in the UK, ambassador says. But Brits in France have been greeted with sympathy since the referendum.

Six to go on trial in France over topless Kate photos
Photo: AFP

The topless pics sparked fury among the royals.

France sees biggest drop in jobless rate for 20 years
Photo: AFP

Good news at last. But it's unlikely to keep President François Hollande in his job.

Calais migrants given mixed reception in French towns
Photo: AFP

Some in France have shown solidarity with their new guests, while others have made it clear they are not welcome.

The annoying questions only a half French, half Brit can answer
Sponsored Article
Last chance to vote absentee in the US elections
Forget Brangelina's chateau - here are nine others you've got to see
The must-see French films of the millennium - Part One
How life for expats in France has changed over the years
Why Toulouse is THE place to be in France right now
Video: New homage to Paris shows the 'real side' of city
The 'most dangerous' animals you can find in France
Swap London fogs for Paris frogs: France woos the Brits
Anger after presenter kisses woman's breasts on live TV
Is France finally set for a cold winter this year?
IN PICS: The story of the 'ghost Metro stations' of Paris
How to make France's 'most-loved' dish: Magret de Canard
Welcome to the flipside: 'I'm not living the dream in France'
Do the French really still eat frogs' legs?
French 'delicacies' foreigners really find hard to stomach
French are the 'world's most pessimistic' about the future
Why the French should not be gloomy about the future
This is the most useful French lesson you will ever have. How to get angry
Why is there a giant clitoris in a field in southern France?
French pastry wars: Pain au chocolat versus chocolatine
Countdown: The ten dishes the French love the most
Expats or immigrants in France: Is there a difference?
How the French reinvented dozens of English words
jobs available