McDonald's under EU scrutiny for tax rulings in Luxembourg

  • Unions charge US fast food chain with avoiding about 1bn euros in taxes

  • EU investigating other US multinationals’ tax arrangements

McDonald’s tax affairs in Europe are under scrutiny by European Union officials after labour unions accused the US fast food chain of failing to pay its dues, a person involved in the issue said on Tuesday.

EU antitrust regulators have asked Luxembourg for information on its tax rulings, according to sources. Neither the EU nor Luxembourg would immediately confirm the enquiries.

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via Business Feeds

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