login
login

Europe Daily Bulletin No. 11685

9 December 2016
ECONOMY - FINANCE - BUSINESS / Taxation
Group that owns high-street chain Zara under fire over tax practices
Brussels, 08/12/2016 (Agence Europe)

The Spanish group Inditex, which owns the high-street fashion chains Zara, Massimo Duti and Berschka, amongst others, has been accused by the Greens/EFA group at the European Parliament of practising aggressive tax optimisation, particularly in the Netherlands, Ireland and Switzerland.

The Netherlands, which also comes under fire in this process, is accused of having unduly collected its neighbours' tax revenues. In this way, Belgium is calculated to have missed out on €18 million in tax...

Contents

BEACONS
ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
SOCIAL AFFAIRS
BREACHES OF EU LAW
EXTERNAL ACTION
INSTITUTIONAL
NEWS BRIEFS