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L'Oréal to Pay €250 Million in French Tax, Seeks Government Support
L'Oréal will pay €250 million in new French corporate profit tax, representing 20% of its global R&D budget; CEO Nicolas Hieronimus seeks reciprocal government support to offset this cost and address what he views as unfairly burdensome European regulations.
L'Oréal to Pay €250 Million in French Tax, Seeks Government Support
L'Oréal will pay €250 million in new French corporate profit tax, representing 20% of its global R&D budget; CEO Nicolas Hieronimus seeks reciprocal government support to offset this cost and address what he views as unfairly burdensome European regulations.
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Industry, Innovation, and Infrastructure