Google agrees nearly $1.07 billion tax settlement with France

US internet giant Google has agreed a settlement totalling 965 million euros ($1.07 billion) to end a tax dispute in France under an agreement announced in court.

The company will pay a 500-million-euro fine for tax evasion, as well as a further 465 million euros to settle claims with French tax authorities.

In a statement, Google confirmed the settlement and hailed the fact it had put an end to fiscal differences that it had had with France for numerous years.

The settlement on Thursday follows similar out-of-court agreements reached by Google in Italy and Britain in recent years, though the