European Union

Amazon and Apple caught in latest EU tax crackdown

Posted on

Source: bbc.co.uk 4 October 2017

The European Union has launched a fresh crackdown over taxes paid by tech giants Amazon and Apple.

Amazon has been ordered to repay €250m (£221m; $293m) in back taxes after the European Commission said it had been given an unfair tax deal in Luxembourg.

The Commission also plans to take Ireland to court over its failure to collect €13bn of back taxes from Apple.

Source article here

 

Advertisements

EU Citizens pay for Misused or Non-Existent ‘Ghost’ Offices

Posted on

Source: Organised Crime and Corruption Project 31 May 2017

Hundreds of members of the European Parliament are potentially misusing EU funds meant to pay for offices in their home country, but at least 249 of these offices either do not exist or are nowhere to be found, according to an investigation by ‘Journalists of the MEPs Project’ published Wednesday.

 Each month MEPs are given a tax-free lump sum of €4,342, called the General Expenditure Allowance (GEA). The fund costs the EU around €40 million annually and is meant to provide MEPs with national offices that, among other things, should keep them in touch with citizens.

The series of investigations across all 28 members states, however, found that in 249 cases MEPs either said they have no offices, refused to reveal their addresses, or the locations could not otherwise be tracked.

Source article here