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Photo of the Day: McDonald's Suspected of Evading Taxes in France

Wed, 01/22/2014 - 9:32am

(AP) — Cars stop at a McDrive restaurant in Saint Jean de Luz, southwestern France, Wednesday Jan. 22, 2014.

McDonald's says French tax authorities have searched its offices, but denies a report that the company hid profits in tax havens. The weekly magazine L'Express, citing tax officials, says the French budget ministry suspects the fast food chain of owing up to 2.2 billion euros in taxes since 2009. The report says McDonald's France hid profits in subsidiaries in Luxembourg and Switzerland. (AP Photo/Bob Edme)

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