MEPS GRILL MULTINATIONALS OVER EU TAX RULINGS
March 1st, 2016
A MEETING of the European Parliament's special committee on tax rulings has grilled multinationals over European Union (EU) member state tax rulings. The European Commission fears they have been abused by governments giving companies low tax rates in return for registering businesses in their jurisdictions. The committee was attended by multinationals such as Google, Apple, IKEA and McDonald's. The companies said they would comply with tighter tax ruling guidance imposed by the Commission, but requested that this advice did not generate unnecessary and expensive ...
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