Thursday, 28 November, 2024

EU Concludes Tax Investigations Into Amazon, Starbucks, And Fiat

The European Union has concluded its investigations into the tax rulings involving Amazon, Starbucks, and Fiat. These cases were part of broader scrutiny over alleged tax advantages provided by certain countries to multinational corporations. While some cases resulted in hefty fines and repayments, others did not confirm illegal state aid. The decisions reflect the EU's ongoing efforts to ensure fair competition and curb preferential tax practices across member states.