The US stepped up its fight against the European Commission’s crackdown on tax avoidance by Apple and other multinational companies, accusing the commission of unilateralism and overstepping its mandate on August 24, 2016.In a white paper, the US Treasury said the EC probe into alleged special tax treatment that certain EU countries gave Apple, Amazon, Starbucks and Fiat Chrysler “undermines the international tax system.”
Multinational companies undermines the international tax system
