EC Stands Behind IASB Accounting Rules
Report finds that IFRS helped more than harmed during the 2007-09 banking crisis.
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.
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.
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.
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.
Greece Orders Seizure of Local Government Cash
The country's public-sector entities are forced to remove their cash reserves from commercial banks.
Google Says EU Allegations Off the Mark
A Google Search executive says the company has not abused its online search dominance, as the European Commission charges.
EU Seeks to Lighten Burdens of Smaller Lenders
European commissioner doesn't want to burden smaller lenders "with the same requirements we need for bigger, riskier ones.”
Amazon Likely to Skirt Penalties for Luxembourg Tax Deal
But Amazon unit's taxable profits are underestimated, giving it “an economic advantage," European Commission says.
Document Leak Exposes Secret Luxembourg Tax Deals
PwC helped multinational companies obtain at least 548 tax rulings in Luxembourg from 2002 to 2010, according to papers obtained by the ICIJ.
EU Watchdog Opens Probe of Amazon Tax Break
According to the European Commission, Amazon is being allowed to understate its taxable profits in Luxembourg.