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Starbucks’ tax back in the news

The EU has stated that the tax deal struck between Starbucks and the Netherlands could potentially amount to illegal State Aid.

The arrangement allowed Starbucks to pay tax on a lower income base and therefore reduce its tax costs.

Although Starbucks is moving its European headquarters from the Netherlands to London, the EC may still take action over the historical deal.

Meanwhile the Dutch government has said it is confident there is no State Aid issue, as has Starbucks.

 

 

Date: 5th December, 2014
Author: Cathy Corns

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