Tag: McDonalds

#McDonalds agrees #China franchise sale

#McDonalds agrees #China franchise sale

McDonald’s has agreed to sell 80% of its business in China and Hong Kong, as part of plans to franchise more of its restaurants worldwide. China’s state-owned investment group Citic, and US private equity firm Carlyle Group, will take control of the operations in a deal valued at $2.1bn (£1.7bn). McDonald’s owns and operates about […]

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What #Google can learn from Microsoft’s antitrust problems

What #Google can learn from Microsoft’s antitrust problems

The European Commission’s antitrust lawsuits against , which has recently made headlines, threaten to impose an up to $7 billion fine on the tech giant for forcing Android phone manufacturers (OEMs) to use Google Search, among other alleged violations, writes Nicholas Economides, professor of economics at the NYU Stern School of Business. This comes on top […]

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#EuropeanParliament: Migration, taxation and Turkey’s role on this week’s agenda

#EuropeanParliament: Migration, taxation and Turkey’s role on this week’s agenda

While heads of state and governments will try to work out the details of the EU-Turkey migration deal during the last European summit in Brussels on 17-18 March, parliamentary committees will also be dealing with migration issues this week. MEPs vote on proposals for relocation schemes for refugees and EU humanitarian visa and also asses […]

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#Taxes: Multinationals and tax authorities appear before tax rulings committee

#Taxes: Multinationals and tax authorities appear before tax rulings committee

Parliament”s special committee on tax rulings discusses tax measures with representatives from multinationals and various tax authorities on Monday 14 March and Tuesday 15 March. Participants include Andorra, Liechtenstein, Monaco and the Channel Islands as well as Apple, Google, IKEA and McDonald’s. MEPs have the opportunity to question them, especially regarding the latest developments in […]

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#antitrust Italian consumers groups seek EU antitrust probe into McDonald’s

#antitrust Italian consumers groups seek EU antitrust probe into McDonald’s

| January 12, 2016 | 0 Comments

Three Italian consumer organizations have urged EU antitrust regulators to investigate McDonald’s franchise system in Europe, a month after the opening of an EU inquiry into the U.S. fast food company’s tax deals with Luxembourg. Codacons, Movimento Difesa del Cittadino and Cittadinanzattiva filed their complaint with the European Commission on Monday, urging the EU competition […]

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Taxing issue: Multinationals respond to Parliament proposals to make them pay their fair share

Taxing issue: Multinationals respond to Parliament proposals to make them pay their fair share

| November 16, 2015 | 0 Comments

A tax system ‘unfit for purpose’ Jean-Claude Juncker, president of the European Commission, told the tax rulings committee that something needed to be done. “The current system of corporate tax rules is unfit for purpose and unjust. Some companies are losing out, whereas others win by hiding behind a variety of national rules,” he said […]

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