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Almunia said nine other countries are under preliminary investigation. Asked whether Google might also be investigated, he said "this is the beginning, not the end of our work."

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any special treatment from the government of Ireland, where its European operations are based.

Fiat had no immediate comment. states that charge sales tax feel might feel New Hampshire is unfairly luring businesses with its no sales tax policy.

Fred Perry Windbreaker Nylon Hooded Jacket

Fred Perry Windbreaker Nylon Hooded Jacket

Starbucks spokesman Jim Olson said his company complies "with all relevant tax rules, laws and guidelines."

Fred Perry Windbreaker Nylon Hooded Jacket

Almunia said the current investigations are part of a wider look into tax rules in various EU countries and "aggressive" tax planning by multinationals, which he said erodes countries' tax bases.

Apple denied it had received Polo Shirts Price In Pakistan

He said that the investigations announced Wednesday look into the practice of 'transfer pricing' where one part of a company charges another for goods Lacoste New Arrival

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"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," he said.

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"Apple pays every euro of every tax that we owe," said spokesman Alan Hely.

Fred Perry Windbreaker Nylon Hooded Jacket

Fred Perry Windbreaker Nylon Hooded Jacket

Dutch deputy minister for finance Eric Wiebes said he was "confident" the Dutch deal follows international guidelines and does not amount to state aid.

But Almunia was at pains to say he is not criticizing the countries' overall tax regimes.

Ireland's Finance Ministry said in a statement it was "confident that there is no state aid rule breach in this case, and we will defend all aspects vigorously."

company inflates the prices of those deals to shift even more profits to a country where it has a better tax deal.

The countries named Wednesday have been criticized in the past Ireland for its low tax rates, the Netherlands and Luxembourg as homes for shell companies, and all three for a lack of transparency.

AMSTERDAM 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.

Fred Perry Windbreaker Nylon Hooded Jacket

Fred Perry Windbreaker Nylon Hooded Jacket

"This is an EU issue more than an Apple issue," he said.

´╗┐Apple's tax practices are target of EU investigation

or services in order to shift profits where it wants.

EU antitrust commissioner Joaquin Almunia said Wednesday a preliminary probe by his office has found the tax deals the companies have with Ireland, the Netherlands and Fred Perry Windbreaker Nylon Hooded Jacket Luxembourg could amount to illegal state aid.

Transfer pricing is allowed in theory the problem is when a Personalised Embroidered Polo Shirts Uk

For instance, if Starbucks were to sell its coffee beans to subsidiaries around Europe at a higher than market price, that would increase profits in the Netherlands and decrease them elsewhere. If it receives a tax break in the Netherlands, it would have an unfair competitive advantage.

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