Wednesday, October 21, 2015

Starbucks and Fiat fined by the EU for tax avoidance

The European Commission has ruled that Fiat and Starbucks have been given illegal tax advantages in the European Union. 

An investigation has found that Fiat in Luxembourg and Starbucks in the Netherlands have been benefitting from controversial tax structures for years and have now been ordered to pay fines. 

Our Europe correspondent Anna Brugmann reports

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