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Nike to face EU scrutiny on Dutch tax deals
By EUobserver
EU competition commissioner Margrethe Vestager opened on Thursday an in-depth into the tax treatment of Nike in the Netherlands, saying the US-based company may have benefitted from an illegal advantage in relation to taxation of intellectual property rights. "Member States should not allow companies to set up complex structures that unduly reduce their taxable profits and give them an unfair advantage over competitors," she said.