US, European Labor Unions Support Probe into McDonald’s Tax-Avoidance Structure

Labor News

Striker: “McDonald's can easily afford to give us a raise." photo/Fightfor$15

Reprinted from The Blue MauMau by Janet Sparks on September 30, 2016.

An international trade union coalition, representing 32 million workers, has again expressed its strong support for European governments to beef up their investigation into McDonald’s corporate structure that allowed it to registered a cumulative revenue of 3.7 billion Euro between 2009 and 2013, on which it reported only 16 million Euro in taxes.

The global hamburger chain is already under scrutiny in a probe by the European Commission, focusing on how McDonald’s runs its profits from licensing its name and other valuable intellectual property assets in Europe through the Luxembourg treasury office, seemingly to escape taxation. The letter submitted by the European Public Service Union (EPSU), the European Federation of Food, Agriculture and Tourism (EFFAT) and the Service Employees International Union (SEIU) was directed at the European Commission, State Aid Registry, pursuant to Article 108(2) of the Treaty on the Functioning of the European Union (TFEU). …

Blue MauMau 9/30

About Jeffrey Burman 2269 Articles
Jeff Burman represents assistant editors on the Guild’s Board of Directors. He can be reached at jeffrey.s.burman.57@gmail.com.

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