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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.

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Starbucks and Fiat tax deals 'illegal'

2015-10-21 11:55:42| BBC News | Business | UK Edition

Starbucks and Fiat Chrysler have been told they must pay back between 20m (15m) to 30m in taxes after European tax deals were ruled illegal.

Tags: tax deals illegal fiat

 
 

Secret Government report demands tax on sugar amid Britain's obesity crisis

2015-10-21 08:10:48| Sugar Industry News

TAXING sugar would tackle Britain's overwhelming obesity crisis, a secret Government report has revealed.

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Jeremy Hunt told sugar tax would cut childhood obesity as review Government tried to suppress is published

2015-10-21 08:10:48| Sugar Industry News

Jeremy Hunt has been told a sugar tax will help cut childhood obesity, it has emerged, after a senior public health official went public with the contents of a report the Government has refused to publish.

Tags: review published government tax

 

MPs debate tax credits amid Tory fears

2015-10-20 15:46:59| BBC News | Business | UK Edition

Conservative MPs continue to voice their doubts about proposed cuts to tax credits as a Commons debate on the issue begins.

Tags: tax credits debate fears

 

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