Facebook has reportedly agreed to pay over EUR 100 million in back taxes in France following an audit of its French subsidiary. The audit covered the years 2009 to 2018, which ended in an agreement with the tax authority to pay a total of EUR 106 million in taxes for the period, including penalties.
Although details are limited, the liability of the French subsidiary is in relation to revenues that Facebook has traditionally funneled through Ireland, in particular, advertising revenue. Sinc…