Saturday October 24, 2020

EU's Vestager vows to press forward with corporate tax probe

The EU is investigating tax deals Apple and Amazon struck in Ireland and Luxembourg

18th January, 2016
The EU is investigating deals that Apple and Amazon struck in Ireland and Luxembourg respectively

The European Union’s top antitrust official vowed to push ahead with tax probes involving some of the world’s biggest companies, saying businesses that are "organised to pay very little taxes" are a competition concern.

Margrethe Vestager, who is investigating tax deals Apple and Amazon struck in Ireland and Luxembourg respectively, said her investigations should send "a signal that you should invest in Europe for the right reasons" such as access to...

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