×
76 686
Fashion Jobs
URBN
Urbn Security Officer Days & Night Part-Time
Permanent · LEVITTOWN
BATH & BODY WORKS
District Manager - Hudson Valley
Permanent · YONKERS
SACKS
2nd Shift Asset Protection Associate
Permanent · LA VERGNE
SACKS
2nd Shift Inventory Control Processor
Permanent · LA VERGNE
UNDER ARMOUR
Stock Lead, ft
Permanent · DAYTONA BEACH
UNDER ARMOUR
Stock Teammate, Part-Time, $16.75 Per Hour
Permanent · ANAHEIM
UNDER ARMOUR
Stock Lead, pt
Permanent · COLUMBIA
UNDER ARMOUR
Stock Teammate, Part-Time 5:00 am Tuesday - Saturday Shift, $15.25 Per Hour
Permanent · SAN DIEGO
SALLY BEAUTY CORPORATE
Outside Sales Representative- Cosmoprof- Boise id
Permanent · BOISE
SALLY BEAUTY CORPORATE
Outside Sales Representative- Cosmoprof- Green Bay wi
Permanent · GREEN BAY
SALLY BEAUTY CORPORATE
Outside Sales Representative- Cosmoprof- Warsaw in
Permanent · WARSAW
GAP
General Manager - Arundel Mills
Permanent · HANOVER
GAP
General Manager - Santa Cruz
Permanent · SANTA CRUZ
BANANA REPUBLIC
General Manager - Foley (Riviera)
Permanent · FOLEY
OLD NAVY
Asset Protection Service Representative - Anaheim Plaza
Permanent · ANAHEIM
GAP INC.
Asset Protection Coordinator - Southpark s/c
Permanent · CHARLOTTE
OLD NAVY
Asset Protection Coordinator - Eastchase Plaza
Permanent · MONTGOMERY
KOHLS
Full-Time Sales Supervisor - Hardlines
Permanent · Billings
KOHLS
Full-Time Sales Supervisor - Softlines
Permanent · Cape Coral
ABERCROMBIE AND FITCH CO.
sr. Manager, Digital Product Management (Remote)
Permanent · Columbus
NIKE
Distribution Center Operations Manager
Permanent · Memphis
BLOOMINGDALE'S
Asset Protection Outlet Associate, Part Time - Rosemont
Permanent · Rosemont
By
Reuters API
Published
Jan 25, 2021
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Nike urges court to throw out EU probe into Dutch tax deal

By
Reuters API
Published
Jan 25, 2021

U.S. sportswear maker Nike on Monday urged Europe's second-highest court to annul an EU investigation into its Dutch tax rulings, saying the bloc's competition enforcers had failed to show these amounted to illegal state aid.


Reuters



The European Commission launched an investigation into Nike's Dutch tax status in January 2019, part of a crackdown on multinationals' sweetheart tax deals with EU countries giving them an unfair advantage.

At issue are five tax rulings issued by Dutch authorities from 2006 to 2015, two of which are still in force, which endorsed a method to calculate royalty payments to Nike's Dutch entities - Nike European Operations Netherlands and Converse Netherlands - for the use of intellectual property.

EU enforcers said the royalty payments appeared higher than those which independent companies would have agreed between themselves, and may have unduly reduced the Dutch entities' taxable base and given Nike a selective advantage amounting to illegal state aid.

The Commission's preliminary assessment that state aid is involved contained legal errors, Nike said in its arguments, according to a filing on the Luxembourg-based General Court's website.

EU regulators also failed to provide "sufficient reasons for finding that the contested measures fulfil all elements of state aid, especially why they should be regarded as selective", the company said.

The sportswear company also faulted the Commission for rushing to open a formal investigation "where there were no difficulties to continue the preliminary investigation."

The Commission has a mixed record in its campaign against unfair tax deals, with Apple winning its legal fight against a 13 billion euro Irish tax order and Starbucks against a 30 million euro Dutch tax order.

It won the court's backing in Fiat's Luxembourg tax case. Judges will rule on Nike's challenge in the coming months.

The case is T-648/19 Nike European Operations Netherlands et Converse Netherlands v Commission.
 

© Thomson Reuters 2023 All rights reserved.