McDonald's Faces EU Probe Over Luxembourg Sweetheart Tax Deals

  • Burger maker's tax arrangements with Luxembourg probed by EU
  • Company rejects EU's initial findings; says it pays fair share

McDonald’s Corp. may have unfairly exploited a pact with Luxembourg to avoid tax on hundreds of millions of euros in profits for more than half a decade, European Union regulators said as they added the Big Mac maker to a growing list of U.S. firms facing a fiscal clampdown.

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