The European Commission ruled on Wednesday that Starbucks Corp and Fiat Chrysler Automobiles benefited from illegal tax deals with the Dutch and Luxembourg authorities, sending shock waves to MNCs who have been using such profit-shielding tax deals in the past.
Tags: Netherlands
US Urges Japan, Netherlands to Further Limit Exports of Chipmaking Equipment to China
The United States (US) is urging Japan and the Netherlands to further hamper China's capability to produce high-tech semiconductors.
US Pushes for Stricter Semiconductor Export Limits to China, Official Heads to Japan
A US official is traveling to Japan after discussions with the Dutch government to strengthen allied to restrict China's access to advanced semiconductor technology.
ASML's Potential Exit from the Netherlands: Dutch Minister Remains Optimistic About Company's Future
The Dutch Finance Minister expressed confidence in ASML's commitment to remain in the Netherlands despite the company's previous threats.
Dutch Government Set to Comply With US Demands on Chip Exports to China
The Dutch government is reportedly set to comply with the US demand to tighten restrictions on semiconductor-related exports to China.
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The US companies are keeping their profits made overseas out of the homeland in order to avoid taxes. It's estimated that 500 large US companies are holding over $2.1 trillion accumulated profits overseas to avoid taxes. These companies have to shell out $620billion by paying US taxes to repatriate the funds.
Apple Inc (AAPL.O) has acquired Metaio, a German company whose technology melds real-world imagery and computer-generated elements into moving video presentations, according to a corporate filing.
Denmark has applied to join the Beijing-led Asian Infrastructure Bank (AIIB), China's Ministry of Finance said on Sunday, becoming the latest European power to join the institution despite misgivings of the United States.
Once depicted as a "Blue Banana" stretching from Manchester to Milan, Europe's industrial heartland has moved eastwards just as its political center of gravity has shifted to Germany.
NXP Semiconductors NV is close to a deal to acquire smaller peer Freescale Semiconductor Ltd in a $40 billion cash and stock merger that will reshape the semiconductor industry, according to two people familiar with the matter.
When Edith Zemirou bought Euro Disney stock two decades ago, she expected a decent return and her own small share in Mickey Mouse magic.
The chief executive of controversial online ride-sharing company Uber stuck a newly conciliatory tone on Sunday, promising to create 50,000 new jobs this year across Europe in cities that are willing to reach deals to help his firm operate.
Tripadvisor (TRIP.O) has agreed to acquire top Dutch online restaurant review and booking sites Iens, the companies said on Thursday, giving the travel website a leading position in the Netherlands.
The owners of Urenco are testing the market to gauge investor interest in the uranium enrichment company, said Uwe Beckmeyer, parliamentary state secretary in the German economy and energy ministry.
