EU Antitrust Watchdog Takes Aim At Corporate Tax Loopholes

Law360, New York (February 11, 2014, 2:46 PM EST) -- The European Union's antitrust chief said Tuesday that the European Commission has begun examining ways that it can use competition policy to remedy the use of tax loopholes by multinational corporations, noting that such conduct is rampant in certain tech sectors.

European Competition Commissioner Joaquin Almunia revealed that within the last few months, his office has sent requests for information to certain member states where the commission has concerns regarding the consistency of the country's legal tax framework or its administrative practices.

“A limited number of...
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