France's tax authority is seeking 600 million euros ($715 million) from Microsoft's local subsidiary for billing French customers from Ireland, the weekly L'Express reported on Wednesday. Despite a considerable presence in France, Microsoft paid only 32.2 million euros in corporate tax there last year, according to L'ExpressREAD ALSO:The French tax authority declined to comment, citing its policy to not discuss individual cases. The US firm said only that it "acts in accordance with the laws and regulations in all the countries in which it operates, working in close cooperation with local tax authorities to ensure complete compliance with local laws." France's tax authority is appealing the ruling, but the government doesn't exclude a settlement. French President Emmanuel Macron campaigned on requiring internet firms to pay taxes to France on the business they conduct in the country.

Source: The Local August 30, 2017 17:15 UTC