McDonald’s retreat from its Luxembourg tax structure to setting up in the UK follows in the footsteps of other multinationals at odds with the EU on taxThere have been five US multinationals caught up in “sweetheart tax deal” inquiries launched by competition officials in Brussels over the final two and a half years: Apple,Amazon, Starbucks, and Fiat Chrysler and McDonald’s.
All angrily denied receiving any special treatment. They have all done something else too: they have strengthened operations in the UK. Related: McDonald's to scrap Luxembourg tax structure Continue reading...
Source: theguardian.com