France’s billionaire luxury magnate Bernard Arnault, chairman and CEO of LVMH, is ordered to pay nearly €22.5 million in back taxes following a decision by a Paris appeals court. The ruling comes after the court overturns earlier judgments that had been in Arnault’s favour in a long-running dispute with France’s tax authorities. The case centers on the tax treatment underlying the amounts claimed by the authorities, with the appeals court reaching a different conclusion than prior rulings. Arnault is reported to intend to appeal the latest decision. The amounts involved relate to taxes assessed for earlier periods, with the appeals court setting the figure for the back taxes Arnault must pay. The dispute remains subject to further legal proceedings, and the ultimate outcome depends on the results of any subsequent appeal. The order is for €22.5 million, and both outlets describe it as an appeals-court decision in Paris that reinstates or upholds the tax authority’s claim for the specified amount.