French authorities and Google LLC announced a settlement on Thursday in which the tech company will pay nearly $1.1 billion in fines and back taxes. The settlement could open the door for similar ones with other U.S. tech companies.

“We have now settled tax and related disputes in France that have persisted for many years. The settlements comprise a [$556 million] payment that was ordered today by a French court, as well as [$517 million] in additional taxes that we had agreed to pay, and that have been substantially reflected in our prior financial results,” a Google representative said in an email to Law.com’s Corporate Counsel.