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EU Investigating Corporate Tax Deals in 3 Countries

The European Union has launched an investigation into the tax deals that three countries made with international corporate giants Apple, Starbucks and Fiat to see if they gave the companies an unfair financial advantage at the expense of ordinary taxpayers. EU's antitrust chief, Joaquin Almunia, said Wednesday regulators are targeting tax policies affecting two U.S.-based companies, technology firm Apple in Ireland and the Starbucks coffee chain in the Netherlands, along with...

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