Vestager denies claims she is unfairly targeting US companies Thierry Charlier/AFPAmazon and McDonald’s are next in line to be brought to book by Brussels over alleged tax avoidance. Fresh from ordering Apple to pay €13bn in back taxes to the Irish state, the European competition commissioner Margrethe Vestager said she would soon issue penalties against the online retailer and the fast-food chain. Vestager has formally charged Amazon and McDonald’s with securing sweetheart tax deals with Luxembourg in breach of EU state aid rules. The Apple judgment has opened up a transatlantic row, amid accusations that her tax avoidance crusade has unfairly targeted US multinationals. However, Vestager said last week that…
Source: The Times September 17, 2016 23:02 UTC