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Article

4 Mar 2015

Author:
Katie Kuehner-Hebert, CFO

Civil society accuses McDonald's of European tax avoidance; company says it complied with all tax rules

"Super-sized Tax Avoidance by McDonald's", 25 Feb 2015

A U.K. nonprofit and two labor unions accuse the fast-food giant of channeling royalty payments to a small subsidiary in Luxembourg...McDonald's has been able to dodge taxes in Europe for years, costing European countries roughly €1 billion...in lost taxes between 2009 and 2013..."It is shameful to see that a multibillion euro company, that pays low wages to its workforce, still seeks to avoid its responsibility to pay its fair share of much needed taxes to finance public services we all rely on," EPSU [European Federation of Public Service Unions] General Secretary Jan Willem Goudriaan said...A spokeswoman for McDonald's told Reuters Wednesday that the company had complied with all applicable tax rules...[also refers to Amazon]