The European Commission opened a formal probe against McDonalds Thursday (3 December) over tax deals with Luxembourg that resulted in the US fast-food giant not paying taxes in Europe or in the US.
Under two tax-rulings issued by Luxembourg authorities in March and September 2009, McDonald's Europe Franchising was exempted from paying taxes in the Grand Duchy, where the McDonalds subsidiary was registered.
In addition to its Luxembourg main office, McDonald's Europe Franchising h...
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