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Today the European Commission released its first set of decisions on corporate tax rulings, which it has investigated for over a year. Starbucks Manufacturing EMEA and Fiat Finance and Trade were the first test cases where final decisions have been issued.

After months of negotiations between Greece, the International Monetary Fund (IMF), the European Central Bank (ECB) and the European Union (EU), which acuminated in an overwhelming amount of over 60% of “no”-votes by the Greek citizens to the reforms attached to the second Greek bailout programme...