Dutch government to appeal EU ruling on Starbucks tax deal

Source: Reuters

Antitrust commissioner Margrethe Vestager ordered the Netherlands in October to recover 20 million to 30 million euros ($23 million to $34 million) in back taxes from Starbucks, accusing the U.S. coffee shop chain of benefiting from an illegal tax deal.
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A ministry statement said that while the Dutch government supports the fight against tax avoidance, it "greatly values its practice of offering certainty in advance," by providing so-called tax rulings to multinational corporations.

The Netherlands has come under pressure in recent years to reform its tax system, which disadvantages developing countries by lowering tax rates for some multinationals to single digits.

The Commission said the tax deal with Starbucks is effectively state aid.


Read more: http://www.reuters.com/article/2015/11/27/us-eu-taxavoidance-netherlands-starbucks-idUSKBN0TG1RC20151127

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The Dutch government wants a race to the bottom - to offer multinationals the lowest tax deal possible to get them to book as much of their profits in the Netherlands as they can get away with. And even when there's a supranational ruling against it, they're still determined to prostitute themselves.