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Exclusive: EU regulators to rule against Engie's Luxembourg tax deal - source

Reuters  |  BRUSSELS 

By Foo Yun CheeBRUSSELS (Reuters) - EU antitrust regulators in the coming weeks will order Luxembourg to recover millions of euros in back taxes from French power utility Engie, a person familiar with the matter said, as the EU steps up its crackdown on unfair tax deals.It will be the third ruling by the European Commission against Luxembourg's tax deals with multinationals and the fifth against EU countries including Ireland, Belgium and the Netherlands.The EU's competition enforcer declined to comment. The Luxembourg finance ministry, which has denied giving Engie any special treatment, was ...

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First Published: Thu, June 14 2018. 16:13 IST