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EU orders Starbucks, Fiat to pay up to 30 mn euros in back taxes

AFP
Starbucks and Fiat must each repay up to 30 million euros in back taxes under an EU ruling

The European Union ordered Starbucks and Fiat on Wednesday to each repay up to 30 million euros in back taxes in a landmark tax avoidance case pursued in the wake of the Lux Leaks scandal.

"Luxembourg is to recover 20-30 million euros ($23-34 million) from Fiat and The Netherlands to recover 20-30 million from Starbucks Manufacturing -- unpaid taxes due to illegal state aid," EU Competition Commissioner Margrethe Vestager said in a tweet announcing the decision.