Is the EU investigation into Apple and Starbucks’ transfer pricing arrangements really good news?
The EC has opened investigations into decisions by tax authorities in Ireland, the Netherlands and Luxembourg on the corporate tax to be paid by Apple, Starbucks and Fiat Finance and Trade respectively to see if they comply with the EU rules on state aid.
These investigations could be seen as a challenge to the role of sovereign nations in tax planning by multinational corporations. It may be that jurisdictions will be in the firing line on tax avoidance along with the companies which they wish to attract.
Date: 27th June, 2014
Articles from this Author
Contact Business Service Partners
Choose from the drop down menu below to select a Partner to contact.
We have a new opportunity in our Milton Keynes office for an Audit Apprentice click on the link to apply… twitter.com/i/web/status/1…
For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole