US online retailer Amazon, search engine giant Google and social network Facebook will testify at the European Parliament next week on the issue of tax breaks for big businesses, officials said Wednesday.
Amazon is currently under investigation by Brussels for its sweetheart tax deals with Luxembourg. The "LuxLeaks" scandal that emerged a year ago has put the spotlight on the subject.
Representatives from 11 out of 13 companies invited by the parliament will attend next Monday, parliament officials said.
The others are Coca-Cola, McDonald's Europe, Ikea, Philip Morris, Disney, AB InBev, HSBC and Barclays.
Retail giant Wal-Mart refused while Fiat did not reply, officials said.
The EU launched a series of probes last year following the LuxLeaks affair, which revealed that top global companies had negotiated lower tax rates, in some cases as low as one percent, in secret pacts with Luxembourg.
Last month Brussels ordered Starbucks and Fiat to each repay up to 30 million euros ($34 million) in back taxes for deals they had with the Netherlands and Luxembourg, respectively.
Decisions on Apple and Amazon are pending.
GMT 09:57 2018 Tuesday ,23 January
Facebook acknowledges social media's risks to democracyGMT 14:29 2018 Sunday ,21 January
Less than 10% of Gmail users enable two-factor authentication: GoogleGMT 09:24 2018 Sunday ,21 January
Twitter says Russia-linked accounts more widespreadGMT 08:49 2018 Saturday ,20 January
Amazon boosts Prime fees for US monthly subscribersGMT 13:54 2018 Friday ,19 January
Google signs patent deal with WeChat developer Tencent amid China pushGMT 10:31 2018 Friday ,19 January
EU clears Qualcomm megabuyout of semiconductor rival NXPGMT 23:16 2018 Sunday ,14 January
Finnish firm detects new Intel security flawGMT 21:25 2018 Sunday ,14 January
Facebook move will play outMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor