McDonald’s May Be Next on EU Menu as Probe Said to Wrap Up
- Amazon case also in the pipeline, but could take longer
- EU ‘not done’ with tax probes, is weighing new information
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A European Union probe into McDonald’s Corp. is entering its final stages after officials gathered information on whether the Big Mac maker unfairly benefited from a hefty tax break in Luxembourg, according to people familiar with the case.
The European Commission may be moving ahead with a decision in the McDonald’s case before the EU’s summer break in August, according to the people, who asked not to be named because details of state-aid investigations are confidential. That means the ruling could arrive before another pending decision on Amazon.com Inc.’s tax deals with Luxembourg, the people said.