Friday June 5, 2020

Stock take: market week

11th December, 2016
11
McDonald’s tax affairs in Luxembourg are under investigation

Fast food giant McDonald’s is moving its non-US tax base from Luxembourg to Britain. The company’s tax affairs in Luxembourg are the subject of an investigation by the European Commission.

“The reasons for changing the location of the corporate structure to Britain were sound before Brexit and remain so beyond it.”

McDonald’s statement

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