eu orders starbucks fiat to each pay up to €30m in back taxes
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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EU orders Starbucks, Fiat to each pay up to €30m in back taxes

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Arab Today, arab today EU orders Starbucks, Fiat to each pay up to €30m in back taxes

EU Competition Commissioner Margrethe Vestager
Brussels - Arab Today

The European Union ordered Starbucks and Fiat on Wednesday to each repay up to 30 million euros in back taxes in a landmark tax avoidance case pursued in the wake of the Lux Leaks scandal.

"Luxembourg is to recover 20-30 million euros ($23-34 million) from Fiat and The Netherlands to recover 20-30 million from Starbucks Manufacturing -- unpaid taxes due to illegal state aid," EU Competition Commissioner Margrethe Vestager said in a tweet announcing the decision.

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eu orders starbucks fiat to each pay up to €30m in back taxes eu orders starbucks fiat to each pay up to €30m in back taxes

 



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