Tax Probes May Face Legal Battle: EU’s Competition Chief
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The European Union’s new antitrust chief said the EU is braced for a legal battle with governments embroiled in its probe of sweetheart tax deals for multinationals from Apple Inc. to Amazon.com Inc.
Margrethe Vestager said the process needs to be legally watertight as officials investigate whether deals handed out to companies by Ireland, Luxembourg and the Netherlands were a form of illegal state subsidy.