Amazon, Facebook, Google to Testify at EU Parliament

Advertisement
By Agence France-Presse | Updated: 12 November 2015 20:32 IST

US online retailer Amazon, search engine giant Google and social network Facebook will testify at the European Parliament next week on the issue of tax breaks for big businesses, officials said Wednesday.

Amazon is currently under investigation by Brussels for its sweetheart tax deals with Luxembourg. The "LuxLeaks" scandal that emerged a year ago has put the spotlight on the subject.

Advertisement

Representatives from 11 out of 13 companies invited by the parliament will attend next Monday, parliament officials said.

The others are Coca-Cola, McDonald's Europe, Ikea, Philip Morris, Disney, AB InBev, HSBC and Barclays.

Advertisement

Retail giant Wal-Mart refused while Fiat did not reply, officials said.

The EU launched a series of probes last year following the LuxLeaks affair, which revealed that top global companies had negotiated lower tax rates, in some cases as low as one percent, in secret pacts with Luxembourg.

Advertisement

Last month Brussels ordered Starbucks and Fiat to each repay up to EUR 30 million ($34 million, roughly Rs. 212 crores) in back taxes for deals they had with the Netherlands and Luxembourg, respectively.

Decisions on Apple and Amazon are pending.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Casio AE-1600HX Series Launched With Up to 10 Years of Battery Life
  2. Valathu Vashathe Kallan Is Now Streaming: Know All About the Crime Thriller
  3. Here Is How to Watch NASA's Artemis II Lunar Flyby Live
  4. Realme 16 5G With 7,000mAh Battery Goes on Sale in India: See Offers
  5. Oppo Find X9 Ultra to Feature 10x Optical Zoom and External Lens Kit
  6. Samsung Sets Deadline for Messages App: Here's What Replaces It
  7. Band Melam OTT Release: Know Where to Watch the Telugu Romantic Musical
  8. No More Black? iPhone 18 Pro New Leak Reveals Bold New Colour Options
  9. OpenAI Leadership Shake-Up Sees COO Transition, Executives Step Back
  10. Meta Said to Pause Work With Mercor Following Data Breach Incident
  1. No More Black? iPhone 18 Pro New Leak Reveals Bold New Colour Options for 2026
  2. China Urges Banks to Use Blockchain for Lending, Tax Data Sharing
  3. Meta to Fire 200 Employees, Phase Out Middle Manager Titles Amid AI Push: Report
  4. Glory OTT Release Confirmed: Where to Watch Pulkit Samrat and Divyendu Sharma Starrer Online
  5. Oppo Find X9 Ultra to Feature 10x Optical Zoom and External Lens Kit
  6. China Removes Bitchat App From Apple Store Over Regulatory Concerns
  7. WhatsApp Reportedly Rolls Out Noise Cancellation for Voice and Video Calls to Android Beta Users
  8. Samsung Galaxy S27 Pro to Reportedly Launch Next Year With the Privacy Display Feature
  9. iPhone Fold Trial Production Begins Ahead of Anticipated Launch in H2 2026: Report
  10. New Study Claims There Might Be Way More Pulsars in Space Than We Previously Thought
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.