Home › Unions, charity accuse McDonald's of avoiding $1.1 billion in tax
 

Keywords :   


Unions, charity accuse McDonald's of avoiding $1.1 billion in tax

2015-02-25 14:09:48| IT Services - Topix.net

Labor unions and a charity accused fast food chain McDonald's of avoiding around 1 billion euros in tax between 2009 and 2013 by routing revenues through a Luxembourg unit and called on the European Commission to investigate. Corporate tax avoidance has become a hot political issue in Europe and the EU executive has opened investigations into tax deals that some countries have cut with multinationals, including deals between Luxembourg and carmaker Fiat and online retailer Amazon.com .

Tags: tax billion charity avoiding

Category:Information Technology

Latest from this category

All news
»
22.05Olympics and Taylor Swift scams fuel 2024 fraud
22.05Eastern North Pacific Tropical Weather Outlook
22.05Atlantic Tropical Weather Outlook
22.05UK watchdog looking into Microsoft AI taking screenshots
21.05Clarins Begins Testing Generative AI-powered Customer Care Bot in US
21.05Waldencast Reports $68.3 Million in Net Revenue in Q1 2024
21.05Pixalate releases April 2024 top grossing CTV apps report
21.05A+E Networks EMEA enhances BLAZE streaming service with Simplestream
More »