McDonald’s has agreed to pay EUR 1.245 billion to settle a tax dispute with the French tax authority, including EUR 737 million in back taxes and EUR 508 million in fines. The agreement was confirmed by a Paris court on 16 June 2022. The tax dispute concerned McDonald’s collection of royalties on the turnover of restaurants in France for the use of the McDonald’s brand and franchising rights, which were then routed through a Luxembourg-based holding company without paying tax. The arrangement…