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Unions, charity accuse McDonald's of avoiding $1.1 billion in tax

2015-02-25 14:09:48| IT Services - Topix.net

Labor unions and a charity accused fast food chain McDonald's of avoiding around 1 billion euros in tax between 2009 and 2013 by routing revenues through a Luxembourg unit and called on the European Commission to investigate. Corporate tax avoidance has become a hot political issue in Europe and the EU executive has opened investigations into tax deals that some countries have cut with multinationals, including deals between Luxembourg and carmaker Fiat and online retailer Amazon.com .

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