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EU Goes After Starbucks and Fiat Chrysler On "Legal" Tax Dodging Comfort Letters
http://www.bbc.com/news/business-34591476
Basically they were making complicated transactions between branches of their companies in different countries so as to decrease tax liability, with the permission of the Netherlands and Luxembourg governments who issued them "comfort letters" giving them the ability to do this. The EU is going after them because they say Netherlands and Luxembourg broke the law by granting both of these companies this privilege exclusively.
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Last edited by icenine; 10-21-2015 at 09:34 AM.
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