Starbucks still pays low taxes in the Netherlands: FD
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Starbucks is continuing to pay low tax bills in the Netherlands by using a tax ruling which the European Commission has ruled illegal, the Financieele Dagblad said on Friday.
The paper said the most 2015 accounts of Starbucks Manufacturing Amsterdam show that the coffee roaster calculated its Dutch taxes according to the 2007 tax ruling and paid €434,732 to the treasury. At the same time, over €33m in royalties was sent to its European headquarters in London.
The European Commisison said last year that the ruling amounted to state aid. The Dutch state is appealing against the decision and Starbucks plans to do the same, the FD said.
Since the commission published its findings, Starbucks has moved its European headquarters to Britain.
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