EU investigates Nike over tax
The European Commission has opened an in-depth investigation to examine whether the Dutch government unfairly helped U.S. sportswear company Nike avoid paying taxes on its European profits through a series of favourable tax rulings.
Related articles
-
News BriefGoogle AI Overviews under EU scrutiny after publishers file antitrust complaint
Google has once again been hit with an antitrust complaint. This time, it’s not about its Chrome browser or Google Search business, but instead the company’s use of AI.
-
ArticleU.S. tariffs and compliance: what U.K. and EU companies need to consider
Tariff risk has probably rarely featured on many companies’ risk registers in recent years, but it now likely sits high on the agenda because of President Donald Trump’s tariff focus.
-
News BriefFCA fines Monzo digital bank $28 million for AML, KYC failures
Britain’s Financial Conduct Authority has fined the online bank Monzo the equivalent of more than $28 million for failing to properly collect customer information and protect against financial crimes. The move is the latest in a series of efforts by British authorities to combat chronic money laundering and other crimes ...