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EU launches probe into UK tax scheme for multinationals
Published Thu, Oct 26, 2017 · 09:50 PM
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 whether certain exemptions allowed under British rules amount to a breach of European Union regulations against state aid.
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