Apple, Starbucks and Fiat are suspected of tax evasion

Apple, Starbucks and Fiat are suspected of tax evasion

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The European Commission opened a formal investigation into the tax affairs of the three major companies, as there are fears that multinational companies enjoy favorable tax proposals, prohibited by EU legislation, experts TeleTrade.

According to preliminary data, the company’s use of tax mechanisms in three countries: Ireland, Luxembourg and the Netherlands.

EU antitrust agency reports that in the current environment of shrinking budgets is especially important to large multinational corporations pay their fair share of taxes.

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