 "International standards applied in Starbucks tax deal: Dutch govt")
The Dutch government said on Wednesday it was "surprised" by a European Commission decision on its tax deal with Starbucks and that it was convinced the arrangement was in line with international standards.
The EU regulator said Starbucks' tax deal with the Dutch authorities constitutes illegal state aid and the Netherlands must recover between 20-30 million euros in back taxes from the coffee giant.
"The fact that the Commission observes that there would be state aid in the Starbucks file raises a lot of questions," the Dutch said in a statement. "The Netherlands is convinced that actual international standards are applied."
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app