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MessagePosté le: Ven 11 Mai - 09:51 (2018)    Sujet du message: Authentic Samuel Girard Jersey Répondre en citant

BRUSSELS Sergio Aguero Manchester City Jersey , Oct. 21 (Xinhua) -- The sweetheart tax deals struck by Starbucks and Fiat with European nations were ruled illegal, the European Commission announced on Wednesday, ordering each to repay up to 30 millions euros (34 million U.S. dollars) in back taxes.

The decision came after 15-month in-depth investigations. The commission, the executive arm of the European Union (EU), said that Starbucks' coffee roasting company in the Netherlands and Fiat's financing subsidiary in Luxembourg were granted "selective tax advantages" by local authorities.

Dutch and Luxembourg tax policies have for years helped both multinationals reduce tax by a total of between 20 and 30 million euros Samir Nasri Manchester City Jersey , said the commission in a statement.

"Tax rulings as such are perfectly legal," the commission said. Starbucks and Fiat were given tax assurance, or "comfort letters" by Dutch and Luxembourg government. The comfort letters gave companies clarity on how their corporate taxes would be calculated or on the use of special tax provisions.

"However, the two tax rulings under investigation endorsed artificial and complex methods to establish taxable profits for the companies," the commission concluded. "They do not reflect economic reality."

The Netherlands and Luxembourg were ordered to recover from both multinationals a total of between 20 to 30 million euros in back taxes.

Margrethe Vestager Raheem Sterling Manchester City Jersey , EU's antitrust commissioner, said the findings aimed to send out a clear message that "all companies, big or small, multinational or not, should pay their fair share of tax."

"Tax rulings that artificially reduce a company's tax burden are not in line with EU state aid rules. They are illegal Phil Foden Manchester City Jersey ," she said.

The commissioner also signaled that more cases were expected to be explored. Apple in Ireland and Amazon in Luxembourg are also suspected to benefit from unlawful state aid. "We do not stop here," she warned.

Luxembourg Finance Minister Pierre Gramegna denied that his government's policy has violated EU regulations. "Luxembourg disagrees with the conclusions reached by the European Commission in the Fiat Finance and Trade case and reserves all its rights," he tweeted.

Fiat echoed with denying receiving any aid from Luxembourg while Starbucks immediately responded that it would appeal. (1 euro = 1.135 U.S. dollars)

ALGIERS, May 23 (Xinhua) -- Algerian President Abdelaziz Bouteflika on Tuesday strongly condemned the bombing attack that targeted the British city of Manchester on Monday overnight, killing more than 22 people.

"Algeria strongly condemns this ignoble terrorist crime and expresses its solidarity to your friendly country mourned by this tragedy Patrick Roberts Manchester City Jersey ," the Algerian president said in a condolence message to the British Prime Minister Theresa May, as reported by the official APS news agency.

"On behalf of the Algerian people, the government and my own name, I offer you our sincere condolences to the victims, and I wish quick recovery for the injured Pablo Maffeo Manchester City Jersey ," he concluded.

A suicide bomber detonated bombs on Monday night while a crowd of teenagers poured out of a music concert in Manchester, killing 22 people, local media reported.

The source noted that local police identified 22-year-old Salman Abedi as the suspected suicide bomber.

Aviation maintenance industry in Xiamen yields 12.11 billion yuan in 2016

In pics: Hukou Waterfall of Yellow River in N China

Kindergarten in Hebei holds activity to greet Dragon Boat Festival

People visit painting exhibition at Suzhou Art Museum

Tourists visit lily garden in SW China's Guizhou

In pics: scenery of cliffs in Guoliang Village

Cheongsam lovers give performance in east China

Pic story: Technique of making Jianzhan porcelain

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MessagePosté le: Ven 11 Mai - 09:51 (2018)    Sujet du message: Publicité

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