Starbucks and Fiat have to pay millions of euros in back taxes to the Netherlands and Luxembourg, because their tax deals amounted to illegal state aid, the EU Commission said on Wednesday (21 October).
The bloc’s executive ruled the companies’ sweetheart deals with the Netherlands and Luxembourg tax authorities artificially lowered the tax they have to pay into the states’ budgets.
In its ruling, the Commission ordered Luxembourg to collect €20-30 million in taxes from Fiat’s fi...
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Already a member? Login hereEszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.
Eszter Zalan is a Hungarian journalist who worked for Brussels-based news portal EUobserver specialising in European politics, focusing on populism and Brexit.