European Commission Archives - Page 2 of 4 - CFO

EU Moves to Close Profit-Shifting Tax Loophole

EU Moves to Close Profit-Shifting Tax Loophole

The European Parliamentary Research Service has estimated that corporate tax-dodging costs the EU between $54.5 billion and $76.4 billion a year.

By Matthew Heller | January 29, 2016

Halliburton Pushing to Keep Baker-Hughes Deal Alive

Halliburton Pushing to Keep Baker-Hughes Deal Alive

The oilfield services supplier has taken another step to ease the concerns of regulators who fear the merger would be anticompetitive.

By Matthew Heller | January 25, 2016

EU Finds Belgian ‘Excess Profit’ Tax Break Illegal

EU Finds Belgian ‘Excess Profit’ Tax Break Illegal

The decision requires Belgium to recover about $762 million from at least 35 multinationals that benefited from the tax loophole.

By Matthew Heller | January 11, 2016

Apple Settles Italian Tax Probe for $350M

Apple Settles Italian Tax Probe for $350M

Investigators reportedly found a $961 million gap between Apple's sales in Italy over a five-year period and what it paid in tax.

By Katie Kuehner-Hebert | December 30, 2015

Apple Adds Jobs in Ireland as Tax Ruling Looms

Apple Adds Jobs in Ireland as Tax Ruling Looms

CEO TIm Cook affirms Apple's commitment to Ireland, where the company is expanding its Cork campus to accommodate a growing workforce.

By Katie Kuehner-Hebert | November 11, 2015

EU Finds Tax Breaks for Starbucks, Fiat Illegal

EU Finds Tax Breaks for Starbucks, Fiat Illegal

The unprecedented decisions could spell trouble for other multinationals that have made deals with European governments as part of tax avoidance strategies.

By Matthew Heller | October 21, 2015

EU Opens Probe of Staples’ Deal for Office Depot

EU Opens Probe of Staples’ Deal for Office Depot

With U.S. regulators close to a decision on the merger, it now faces an in-depth antitrust review by the European Commission.

By Katie Kuehner-Hebert | September 25, 2015

Google Denies Search Results Anti-Competitive

Google Denies Search Results Anti-Competitive

'We believe that Google increases choice for European consumers and offers valuable opportunities for businesses of all sizes,' says a Google executive.

By Matthew Heller | August 28, 2015

EU Investigating Qualcomm for Violating Antitrust Rules

EU Investigating Qualcomm for Violating Antitrust Rules

Did the maker of smartphone and tablet chipsets abuse its dominant market position?

By Katie Kuehner-Hebert | July 16, 2015

EC Stands Behind IASB Accounting Rules

Global Business

EC Stands Behind IASB Accounting Rules

Report finds that IFRS helped more than harmed during the 2007-09 banking crisis.

By Katie Kuehner-Hebert | June 22, 2015

EU Opens Antitrust Probe of Amazon

EU Opens Antitrust Probe of Amazon

The European Commission is looking into whether Amazon has abused its dominant position in the European e-book market.

By Matthew Heller | June 15, 2015

EU Favoring Broad Scope for Cyber Attack Rules

EU Favoring Broad Scope for Cyber Attack Rules

Euro bloc's executive body wants search engines and social networks to be covered by new disclosure regulations.

By Katie Kuehner-Hebert | June 5, 2015

EU to Propose Single System for Computing Tax

EU to Propose Single System for Computing Tax

The proposed common corporate tax base for companies operating in the European Union is intended to reduce tax avoidance.

By Matthew Heller | May 28, 2015

EC Could Force Apple to Pay Scads of Back Taxes to Ireland

Risk Management

EC Could Force Apple to Pay Scads of Back Taxes to Ireland

f If the European Commission rules against Ireland's 1991 tax deal, Apple may have to pay back a “material” amount of back taxes.

By Katie Kuehner-Hebert | April 30, 2015

Greece Orders Seizure of Local Government Cash

Greece Orders Seizure of Local Government Cash

The country's public-sector entities are forced to remove their cash reserves from commercial banks.

By Matthew Heller | April 21, 2015