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THE United States has attacked high-profile EU tax probes into American companies as unfair and encroaching on the US government's right to tax them, the Financial Times reported on Saturday.
The European Commission has cracked down hard on companies, including US icons such as Apple, Starbucks and Amazon, which worked out arrangements with European Union member countries allowing them to slash their tax bills.
EU Competition Commissioner Magrethe Vestager has made a point of testing these "tax rulings," which are legal in themselves, to see if they breach strict bloc competition rules by giving some companies an advantage over their rivals.
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