EU orders Starbucks and Fiat to repay up to €30m each in taxes

The European Commission has ruled Luxembourg granted the companies selective tax advantages

21st October, 2015
Starbucks and Fiat must repay up to 30 million

Starbucks and a unit of Fiat Chrysler must each pay as much as €30 million in back taxes after the European Union said they were handed illegal fiscal deals by the Netherlands and Luxembourg.

The coffee company and the Italian carmaker are the first two companies facing repayment orders as EU regulators seek to clamp down on tax-dodging multinationals. The decision now sets up a showdown with Apple and Amazon, which are also embroiled in...

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