<p>McDonald's has agreed to pay around 1.245 billion euros ($1.29 billion) in fines and back taxes to settle a tax dispute in France, a judge said on Thursday.</p>.<p>The case centered on allegations, which first surfaced in 2014, that the giant US burger chain diverted profits made in France to Luxembourg to pay lower taxes.</p>.<p>French media reported then that the authorities were scrutinising royalties sent to a Luxembourg subsidiary. McDonald's - whose French headquarters were raided by police as part of the probe - at the time denied any wrongdoing.</p>.<p>The settlement allows the company to avoid a trial.</p>
<p>McDonald's has agreed to pay around 1.245 billion euros ($1.29 billion) in fines and back taxes to settle a tax dispute in France, a judge said on Thursday.</p>.<p>The case centered on allegations, which first surfaced in 2014, that the giant US burger chain diverted profits made in France to Luxembourg to pay lower taxes.</p>.<p>French media reported then that the authorities were scrutinising royalties sent to a Luxembourg subsidiary. McDonald's - whose French headquarters were raided by police as part of the probe - at the time denied any wrongdoing.</p>.<p>The settlement allows the company to avoid a trial.</p>