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US burger chain accused of dodging more than €1 billion in taxes (Photo: _skynet)

US accuses EU of bias in tax probes

US authorities accused EU regulators of "disproportionately" targeting US firms in their broader efforts to crack down on corporate tax evasion.

US treasury secretary Jack Lew demanded that the EU back off in its probes into the tax practices of big US firms like Apple, Amazon, Starbucks, and McDonald's.

In a letter seen by Reuters, Lew said pursuing civil investigations against predominately US companies "creates disturbing international tax policy precedents".

The letter, ...

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

US burger chain accused of dodging more than €1 billion in taxes (Photo: _skynet)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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