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European Commission launches tax investigation into Fiat FranceBack

FiatThe European Commission is to open a formal investigation into Fiat France in relation to its tax arrangements in Ireland, the Netherlands and Luxembourg.

Fiat UK is not involved in the EC investigation.

The EC has also announced it is investigating Starbucks and Apple for the same reason and will be looking at whether the companies’ tax affairs breach European Union rules.

The EU said its investigation follows reports some companies have received significant tax reductions through rulings by national authorities.

Source: am-online.com

Posted by Sue Robinson on 13/06/2014