Posted in Tax Law

Brussels must fight and beat McDonald’s in the battle for tax justice

McDonald’s might be the next opponent, accused of saving 1b€ in taxes thanks to the infamous sweetheart deals with Luxembourg.

Such agreements triggered a race-to-the-bottom that brought/is bringing 8 countries in the OECD to reduce corporate tax (not to mention U.K. considering lowering the threshold to 15%, if I am not wrong).

Needless to remember, such cuts are often offest by increase in income tax, car taxes or any further levy that burdens people (and still benefits the big corporations).

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Junior Legal Counsel with a remarkable lust for legal and business knowledge

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