The European Commission published on the 27th of March the nonconfidential version of its decision to open a formal investigation into Dutch tax rulings issued in 2006 and 2011 that may have allowed an IKEA subsidiary to reduce taxable profits in the Netherlands, giving it an unfair competitive advantage over other companies in breach of EU State aid rules. The Commission previously announced that it decided to investigate IKEA, but held back the release of the opening decision until now to ensure that any confidentiality concerns were addressed. The Commission’s opening decision, dated December 18 ...
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