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EU launches probe into UK tax scheme for multinationals

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Ms Vestager will investigate whether certain exemptions allowed under British rules amount to a breach of European Union regulations against state aid.

Brussels

THE EU on Thursday announced a major probe into a British scheme protecting multinationals from tax avoidance rules, in the latest move in the bloc's campaign to get international companies to pay their share.

Europe's competition chief Margrethe Vestager will investigate...

sentifi.com

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