Fiat ordered to pay up to 30m euros in back taxes
The European Union ordered Starbucks and Fiat on Wednesday to each repay up to 30 million euros in back taxes in a landmark tax avoidance case pursued in the wake of the Lux Leaks scandal.
(AFP) The European Union ordered Starbucks and Fiat on Wednesday to each repay up to 30 million euros in back taxes in a landmark tax avoidance case pursued in the wake of the Lux Leaks scandal.
Brussels said tax deals that the Netherlands offered US coffee giant Starbucks and that Luxembourg gave Italian automaker Fiat were illegal, as it unleashed its first major blow in a campaign against sweetheart tax arrangements.
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