EU decision on tax avoidance by multinationals due next week

Year-long probe into state aid deals reaches conclusion

15th October, 2015

Starbucks and Fiat Chrysler will be told next week that their tax deals breach EU state aid rules as EU regulators seek to crack down on tax avoidance across the bloc.

According to Reuters, moves by the European Commission against the US coffee chain and the Italian carmaker come after a year-long investigation which also involved iPhone maker Apple and online retailer Amazon.

Deals which help companies slash their tax bills, giving them an unfair...

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