EC orders Starbucks and Fiat to pay back up to €30 million each

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EC orders Starbucks and Fiat to pay back up to €30 million each

The European Commission (EC) has ruled that Starbucks and Fiat have acted illegally in their tax agreements with Netherlands and Luxembourg and will need to pay back to the respective governments between €20 million ($23 million) and €30 million each.

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