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EU to launch corporate tax probe into Ireland and others
EU Observer ^
| 06/11/2014 @ 09:28
| Benjamin Fox
Posted on 06/11/2014 6:53:35 AM PDT by Olog-hai
The European Commission is to launch a formal investigation into whether tax breaks used to attract international companies breach the EUs state aid rules.
The probe, which is likely to target Ireland, Luxembourg and the Netherlands, is set to be announced at a news conference on Wednesday (11 June) by EU competition chief Joaquin Almunia.
Irish broadcaster RTE on Tuesday reported the launch of an investigation into the arrangements of US-based software giant Apple, but EU officials have also been gathering information on tax deals in Luxembourg and the Netherlands since last autumn.
EU countries have promised to crack down on loopholes which have allowed companies such as Amazon, Starbucks and Apple to pay tiny amounts of tax on their European operations.
(Excerpt) Read more at euobserver.com ...
TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events
KEYWORDS: eurobanking; eussr; ireland; taxbreaks
1
posted on
06/11/2014 6:53:35 AM PDT
by
Olog-hai
To: Olog-hai
Fascists don't like it when you don't obey them.
2
posted on
06/11/2014 7:15:18 AM PDT
by
E. Pluribus Unum
("The more numerous the laws, the more corrupt the government." --Tacitus)
To: Olog-hai
Equal Misery Everywhere - that's what communists and one-world proponents want.
Ireland and all other countries - your sovereignty is under attack.
3
posted on
06/11/2014 7:26:26 AM PDT
by
BitWielder1
(Corporate Profits are better than Government Waste)
To: Olog-hai
Equal Misery Everywhere - that's what communists and one-world proponents want.
Ireland and all other countries - your sovereignty is under attack.
4
posted on
06/11/2014 7:26:27 AM PDT
by
BitWielder1
(Corporate Profits are better than Government Waste)
To: BitWielder1
Dang, another double post. Sorry.
5
posted on
06/11/2014 7:27:14 AM PDT
by
BitWielder1
(Corporate Profits are better than Government Waste)
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