Apple CEO Tim Cook has met with French president Emmanuel Macron in Paris at the French presidential palace – at the request of Cook.
Macron – who took the opportunity to snap an Apple selfie – is leading a group of countries, including Germany, Italy and Spain, which are seeking a way to plug European tax loopholes that let some companies funnel profits to jurisdictions such as Ireland or the Netherlands.
Macron’s office said the two didn’t discuss past tax disputes, but Cook accepted that fiscal laws worldwide are shifting toward making companies pay tax where money is actually earned.
Amazon.com last week was hit with a European Union order to pay 250 million euros ($294 million) plus interest in back taxes to Luxembourg. The EU authority also said it is suing Ireland for failing to recover a single penny of last year’s record 13 billion-euro bill from Apple.