L'Oréal pays out €320m in tax dispute resolution

Published: 30-Sep-2019
Skin Care Finance

The payment concerns tax charges relating to the beauty giant's subsidiaries Lancôme Perfumes & Beauty, Active Cosmetics International and Prestige & Collections International

You need to be a subscriber to read this article.
Click here to find out more.
L'Oréal pays out €320m in tax dispute resolution

French cosmetics giant L’Oréal has agreed to pay the French tax authorities €320m in order to settle a dispute relating to three of its subsidiaries.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
See more

You may also like

Colour Cosmetics
L’Oréal plots first Gucci Beauty launch as early as 2028 and wants to make it a multibillion-euro brand

L’Oréal plots first Gucci Beauty launch as early as 2028 and wants to make it a multibillion-euro brand

Read more
L’Oréal CEO Nicolas Hieronimus has given  a timeline for the ‘reacceleration’ of Gucci Beauty after gaining early access to the brand’s 50-year licence from Coty, and shared his ambitions to make it a multibillion-euro brand

Trending Articles

  1. You need to be a subscriber to read this article.
    Click here to find out more.
    M&S Beauty names presenter Emma Willis Ambassador of own-brand range Formula The 50-year-old British television presenter has been appointed the face of the UK supermarket chain’s own-brand skin care line, Formula, marking ‘an exciting new era’ for M&S Beauty
  2. You need to be a subscriber to read this article.
    Click here to find out more.
    Why Irish beauty brands are having a major moment Authenticity, innovation and a founder mindset supported by the state are among the secrets behind the success of a new wave of Irish beauty brands at home and abroad
  3. Beiersdorf cuts sales guidance as Nivea turnaround ‘remains too isolated’ The German beauty giant will plough €100m more into Nivea activations to stimulate the heritage brand’s global growth
  4. Could British skin care brand Elemis be getting a new owner? It is alleged that Elemis, best known for its Pro-Collagen Marine Cream, is in exclusive negotiations with private equity firm Pai Partners about a potential deal, according to a new report

Upcoming event

Anti-Ageing & Skin Health: The Actives Driving Growth

10 September and 17 September 2026 | Virtual See all

You may also like

Colour Cosmetics
L’Oréal plots first Gucci Beauty launch as early as 2028 and wants to make it a multibillion-euro brand

L’Oréal plots first Gucci Beauty launch as early as 2028 and wants to make it a multibillion-euro brand

L’Oréal CEO Nicolas Hieronimus has given  a timeline for the ‘reacceleration’ of Gucci Beauty after gaining early access to the brand’s 50-year licence from Coty, and shared his ambitions to make it a multibillion-euro brand
You need to be a subscriber to read this article.
Click here to find out more.
Packaging
L'Oréal and Gisou lead beauty’s shift towards next-generation precision droppers

L'Oréal and Gisou lead beauty’s shift towards next-generation precision droppers

New droppers and dosers are elevating formulas as well as delivering precision application. Lynsey Barber finds out how they are pushing the right buttons
Finance
L'Oréal’s dermatological division leads soaring sales in H1 2026

L'Oréal’s dermatological division leads soaring sales in H1 2026

The French beauty giant benefited from strong demand for CeraVe’s new ceramide sun care range and the ongoing recovery of the Chinese beauty market
You need to be a subscriber to read this article.
Click here to find out more.
Ingredients
Setting sprays are turning multi-functional in search of staying power

Setting sprays are turning multi-functional in search of staying power

Beyond fixing make-up, setting sprays are increasingly offering extra benefits to ensure they have staying power with consumers in the hot but competitive category, from scent and colour to SPF and hydration
You need to be a subscriber to read this article.
Click here to find out more.
Packaging
Is beauty’s refill movement actually working?

Is beauty’s refill movement actually working?

Beauty brands have invested heavily in refillable formats over the past couple of years, but availability, cost and convenience continue to stand between consumer interest and long-term behavioural change, writes Nyima Jobe
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics
Cosmetics Business’ 5 dream beauty partnerships and collaborations

Cosmetics Business’ 5 dream beauty partnerships and collaborations

With beauty brands announcing A-list partnerships and cool collaborations on the daily, the Cosmetics Business team have dreamt up their fantasy crossovers, from unlikely video game and make-up collaborations, to seeing actors Paul Rudd and Danny Devito fronting campaigns
You need to be a subscriber to read this article.
Click here to find out more.
Colour Cosmetics
Analysis: L'Oréal must address what Gucci Beauty stands for in licence takeover

Analysis: L'Oréal must address what Gucci Beauty stands for in licence takeover

With L’Oréal set to acquire Gucci’s beauty licence from Coty sooner than expected, we discuss what the giant can do for the luxury fashion house – from addressing Gucci Beauty’s identity crisis, to building a make-up line that can mature and build equity
Subscribe now