Vestager Asks EU States for Details of Tax Deals With Companies
Vestager Asks EU States for Details of Tax Deals With Companies
(Bloomberg) -- The European Union’s antitrust chief Margrethe Vestager says she’s asked European governments for information on tax rulings, pledging to continue a crackdown on potentially unfair corporate tax deals.
Governments will have to update their status on how they use tax rulings, following up on a similar sweep in 2014 where the EU gathered information on how many corporate tax declarations were in force.
EU investigations that have demanded back-tax payments from Apple Inc., Amazon.com Inc. and others have been based on these tax rulings that officials say gave some companies an unfair advantage.
To contact the reporter on this story: Aoife White in Brussels at awhite62@bloomberg.net
To contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Peter Chapman, Stephanie Bodoni
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