Tax

EU Investigates Apple, Starbucks and Fiat to Close Tax Loopholes

EU Investigates Apple, Starbucks and Fiat to Close Tax Loopholes
The European Union's antitrust regulator has launched an investigation into tax deals that Apple, Starbucks and Fiat struck with some European countries, the start of a wider push to keep multinationals from taking advantage of loopholes. "When public budgets are tight and citizens are asked to make efforts to deal with the consequences of the (financial) crisis, it cannot be accepted that large multinationals do not pay their fair share of taxes," EU antitrust commissioner Joaquin Almunia said.
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Toby Sterling
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B: CA Consumer Group Urges Public Officials to Keep Tax Dollars In State

Consumer Watchdog today called on state and local governments to quit spending taxpayer millions on Scott toilet paper, Kleenex tissues and other products from Kimberly-Clark Corporation. The global company is part of a corporate coalition battling to keep a tax loophole that benefits only out-of-state corporations---to the detriment of California schools, local governments and state services.
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