Gibraltar Ordered by EU to Recoup $114 Million Tax-Breaks

  • EU ends five-year tax probe months before U.K. due to quit
  • Special tax deals to lure investment have been an EU target

Photographer: Pablo Blazquez Dominguez/Getty Images 

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Gibraltar was ordered by European Union regulators to reclaim some 100 million euros ($114 million) in tax breaks that aimed to lure multinational firms to the British territory.

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