The Informer
  • HOME
  • NEWS
  • POLITICS
  • CRIME WATCH
  • LIFESTYLE
  • VIDEOS
  • GRAPEVINE
  • MORE
    • BUSINESS
    • SPORTS
    • SPECIAL REVIEW
    • OPINION
    • WORLD NEWS
    • CONTACT US
No Result
View All Result
Advertisement
  • HOME
  • NEWS
  • POLITICS
  • CRIME WATCH
  • LIFESTYLE
  • VIDEOS
  • GRAPEVINE
  • MORE
    • BUSINESS
    • SPORTS
    • SPECIAL REVIEW
    • OPINION
    • WORLD NEWS
    • CONTACT US
No Result
View All Result
The Informer
No Result
View All Result
Home News

EU to investigate Ikea’s tax affairs

by The Informer
December 18, 2017
in News, World News
Reading Time: 1min read
EU to investigate Ikea’s tax affairs
Share on FacebookShare on TwitterShare on WhatsappShare on LinkedInShare via Email

The European Commission is to open an in-depth investigation into Ikea’s corporate tax structure.

The Commission said Dutch-based Inter Ikea, one of the Swedish giant’s two divisions, may have been given unfair tax advantages by the Netherlands.

European Competition Commissioner Margrethe Vestager said all firms “big or small, multinational or not, should pay their fair share of tax”.

The EU will look at whether Ikea’s tax affairs breach EU rules on state aid.

Under EU law, member states cannot give selective tax benefits to multinational groups that are not available to other firms.

RelatedStories

IEBC gazettes symbols of 38 independent presidential candidates cleared for August polls

Kalonzo’s withdrawal from Azimio will alienate Kamba community, Ngilu says

“The Commission has concerns that two [Dutch] tax rulings may have given Inter Ikea Systems an unfair advantage compared to other companies,” it said.

The move is the latest crackdown by the EU competition authority on tax deals between EU countries and multi-nationals.

The Informer

Previous Post

Gaddafi’s son Saif al-Islam to run for Libya president in 2018

Next Post

Three girls rescued from undergoing FGM in Marakwet

More Stories

Photo/ Courtesy
Elections 2022

Musyoka’s irreversible conditions to abort his exit from Azimio

May 18, 2022
Photo/ Courtesy
News

MKU’s peace conference attracts 500 delegates

May 18, 2022
Photo/ Courtesy
Elections 2022

Raila is the most preferred presidential candidate, Tifa poll shows

May 18, 2022
Next Post
Three girls rescued from undergoing FGM in Marakwet

Three girls rescued from undergoing FGM in Marakwet

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT
  • Trending
  • Comments
  • Latest
CS Balala, Tourism Fund CEO, among others implicated in Sh8billion rip off

CS Balala, Tourism Fund CEO, among others implicated in Sh8billion rip off

May 14, 2022
Photo/ Courtesy

Azimio cabinet line-up if Raila is elected president

May 16, 2022
Kenyans grumble with Flu-like symptoms amid widespread breakout

Kenyans grumble with Flu-like symptoms amid widespread breakout

May 14, 2022
Media magnate SK Macharia lose Sh1.2 billion estate succession appeal case against grandson

Media magnate SK Macharia lose Sh1.2 billion estate succession appeal case against grandson

May 12, 2022
National Water Harvesting and Storage Authority officials implicated in Sh231million dam tender

National Water Harvesting and Storage Authority officials implicated in Sh231million dam tender

May 14, 2022
Party losers have 10 days to withdraw and run as independents

IEBC gazettes symbols of 38 independent presidential candidates cleared for August polls

May 18, 2022
Kalonzo’s withdrawal from Azimio will alienate Kamba community, Ngilu says

Kalonzo’s withdrawal from Azimio will alienate Kamba community, Ngilu says

May 18, 2022
Photo/ Courtesy

Musyoka’s irreversible conditions to abort his exit from Azimio

May 18, 2022
Photo/ Courtesy

MKU’s peace conference attracts 500 delegates

May 18, 2022
Photo/ Courtesy

Raila is the most preferred presidential candidate, Tifa poll shows

May 18, 2022

Top Stories

Party losers have 10 days to withdraw and run as independents

IEBC gazettes symbols of 38 independent presidential candidates cleared for August polls

by Salome Muiruri
May 18, 2022
0

Kalonzo’s withdrawal from Azimio will alienate Kamba community, Ngilu says

Kalonzo’s withdrawal from Azimio will alienate Kamba community, Ngilu says

by John Willy
May 18, 2022
0

World News

Photo/ Courtesy

African Union send election assessment team to Kenya

by Joy Kyalo
May 17, 2022
0

Photo/ Courtesy

President Uhuru congratulates new elected Somalia leader Hassan Sheikh Mohamud

by PSCU
May 16, 2022
0

Opinion

Digital world should gear toward promoting the common good

Digital world should gear toward promoting the common good

by The Informer
April 22, 2022
0

The urgency to redeem Nairobi is absolute

The urgency to redeem Nairobi is absolute

by The Informer
March 26, 2022
0

  • Contact Us

© 2022 | The Informer - All Rights Reserved theinformer.co.ke

No Result
View All Result
  • HOME
  • NEWS
  • POLITICS
  • CRIME WATCH
  • LIFESTYLE
  • VIDEOS
  • GRAPEVINE
  • MORE
    • BUSINESS
    • SPORTS
    • SPECIAL REVIEW
    • OPINION
    • WORLD NEWS
    • CONTACT US

© 2022 | The Informer - All Rights Reserved theinformer.co.ke