EU regulators query Luxembourg on McDonald's tax deals: source

March 31, 2015 6:42 PM

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EU regulators query Luxembourg on McDonald's tax deals: source

BRUSSELS (Reuters) - European Union antitrust regulators have asked Luxembourg for information on its tax rulings for McDonald's after labor unions accused the U.S. fast food chain of avoiding taxes, a person involved in the issue said on Tuesday.

The move, which neither the EU nor Luxembourg would immediately confirm, falls well short of the proceedings the EU has instigated against other U.S. multinationals in Luxembourg and elsewhere, where Brussels believes unfairly low taxation may have distorted competition. It does, however, put the ha...

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