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McDonald’s Avoids Fines as Europe Rules Its Tax Deal Is Legal

September 19, 2018 4:04 PM
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The decision is in line with a double-taxation treaty between Luxembourg and the U.S., and doesn’t constitute favorable treatment, says commission

BRUSSELS—European Union regulators said Wednesday that McDonald’s Corp.’s tax arrangement in Luxembourg is legal, dropping an investigation against the U.S. fast-food giant while lauding efforts to close tax loopholes in the probe’s wake.

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