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At stake are billions of euros in fiscal fees that companies have not paid by taking refuge in convenient jurisdictions. The source said that similar decisions could soon be made regarding McDonald’s Corporation, which will have to pay an additional $500 million in taxes.
According to EC documents, since 2009, the European branch of the McDonald’s chain has paid 1.49 percent of taxes on $1.8 billion in profits to the EU budget. At the same time, the amount of taxes in Luxembourg, where the company’s headquarters is located, was supposed to be 29.2 percent of profits.
