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European Commission Launches Preliminary Inquiry into Luxembourg Tax Rulings for McDonald's

|Approved Changes|European Union
European Union

The European Commission has reportedly launched a preliminary inquiry into the tax rulings provided by Luxembourg for McDonald's. The inquiry is in regard to tax rulings that enabled McDonald's to avoid paying tax that would have otherwise been due in the EU countries in which the company operates.

A report issued earlier in the year by the European Federation of Public Service Unions outlines the alleged tax avoidance practices of McDonald's in Europe. The report states the McDonald's was a…

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