MEPs Call for Fair Share of Illegal State Aid Tax Clawed Back

The European Parliament has called for the tax advantages gained by some countries by giving sweetheart tax deal as illegal state aid should be shared among the countries that have suffered. The European Commission has launched a number of investigations into these deals, eg Holland and Starbucks, Luxembourg and Fiat. If there has in fact been illegal deal – which the European Court has yet to rule on – that would amount to some European countries taking advantage of others; siphoning-off tax that should properly have been paid elsewhere just to themselves in return for a sweetheart deal.

Eamon McNicholas
Tax Barrister, Accountant
http://www.EamonMcNicholas.com

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About Eamon McNicholas

Tax Barrister, Accountant www.EamonMcNicholas.com
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