Starbucks plans to appeal EU tax ruling, sees errors

Starbucks Corp. plans to appeal a European Union ruling that its tax deals with the Netherlands and Luxembourg were illegal state aid, according to Dow Jones Newswires reports citing a Starbucks spokesman. The coffee giant also said there are significant errors in the EU’s decision, according to the reports. The European Commission earlier Wednesday said Starbucks and Fiat Chrysler Automobiles NV’s tax deals with the Netherlands and Luxembourg are illegal state aid and ordered the respective governments to recover as much as 30 million euros ($34.05 million) from each company.

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