BRUSSELS (Reuters) - EU antitrust regulators are seeking information on German carmaker Volkswagen’s (VOWG_p.DE) tax deals with Luxembourg, Bloomberg reported on Tuesday, citing a person familiar with the matter.
The European Commission is checking whether Volkswagen benefited from an unfair tax deal, Bloomberg said.
The EU competition enforcer and the Luxembourg finance ministry declined to comment. Volkswagen did not respond immediately to a request for comment.
Luxembourg’s tax deals with U.S. fast-food chain McDonald’s (MCD.N) and French gas and power producer Engie (ENGIE.PA) are already in the EU’s cross hairs. The Commission also opened a case to examine the Netherlands’ arrangement with Swedish furniture retailer Ikea [IKEA.UL] three months ago.
The EU’s crackdown on unfair tax deals between multinationals and EU countries in recent years has resulted in an order for Ireland to recover up to 13 million euros ($16.1 million) from Apple (AAPL.O).
A year later Belgium was ordered to recover about 700 million euros from 35 multinationals, among them brewer ABInbev (ABI.BR).
($1 = 0.8057 euros)
Reporting by Foo Yun Chee; Editing by David Goodman