Paris: McDonald’s pays 1.25 billion euros ($1.3 billion) in France to keep away from a felony case over tax evasion between 2009 and 2020, below an settlement authorized Thursday by means of a Paris court docket.

Pass judgement on Stephane Noel showed the second-biggest tax agreement in French historical past, made up of a 508-million-euro tremendous and 737 million in again taxes already agreed in Might, years after McDonald’s used to be accused of reporting artificially decrease income to cut back its tax invoice.