Advertisement

McDonald's accused of tax evasion in Italy

AFP
AFP - [email protected]
McDonald's accused of tax evasion in Italy
Consumer associations in Italy have accused US fast food giant McDonald's of tax evasion. Photo: Lamsus Crusoe

Consumer associations in Italy have accused US fast food giant McDonald's of tax evasion.

Advertisement

Three associations said on Thursday they have filed a complaint to Italy's financial police about the alleged fraud by the company best known for burgers, chicken McNuggets and fries.

They claim that between 2009 and 2013, profits made by McDonald's in Italy appeared on the books of a Luxembourg company, resulting in a potential loss to the Italian state of some €224 million ($250 million) in tax.

The European Commission announced a review of McDonald's tax practices in May. In February, the American company was accused of wriggling out of paying over a billion euros in tax revenues in Europe between 2009 and 2013.

McDonald's Europe at the time said it respected European laws, including the payment of taxes.

More

Comments

Join the conversation in our comments section below. Share your own views and experience and if you have a question or suggestion for our journalists then email us at [email protected].
Please keep comments civil, constructive and on topic – and make sure to read our terms of use before getting involved.

Please log in to leave a comment.

See Also