On 21 October 2015, the European Commission announced its decision that Luxembourg and the Netherlands have granted selective tax advantages to FIAT Finance and Trade and Starbucks respectively, which are illegal under EU State aid rules. The decision follows investigations launched in June 2014 into the tax rulings given for the companies by the two countries that resulted in artificially lowered tax burdens.
FIAT Luxembourg
FIAT Finance and Trade in Luxembourg provides financial services…