Home › Companies' huge EU tax bills point to crackdown
 

Keywords :   


Companies' huge EU tax bills point to crackdown

2015-10-22 03:24:38| Beverages - Topix.net

The European Union said it will require Starbucks and Fiat Chrysler to pay tens of millions of euros in back taxes after ruling that the companies benefited from illegal tax deals in an unprecedented decision that risks overturning thousands of corporate tax structures across Europe. The European Commission, the EU's executive arm, said Wednesday that tax deals granted to Starbucks in the Netherlands and Fiat in Luxembourg amounted to illegal state subsidies that must be repaid.

Tags: point companies tax huge

Category:Food and Related Products

Latest from this category

All news
»
30.09Atlantic Tropical Weather Outlook
30.09Eastern North Pacific Tropical Weather Outlook
30.09Does Chinese investment benefit or damage Ireland?
29.09Tropical Depression Twelve Public Advisory Number 1
29.09Summary for Tropical Depression Twelve (AT2/AL122024)
29.09Tropical Depression Twelve Wind Speed Probabilities Number 1
29.09Tropical Storm Joyce Forecast Discussion Number 10
29.09Tropical Depression Twelve Forecast Discussion Number 1
More »