Region: Belgium

Brussels targets three member states for favouring multinationals

Opening three in-depth investigations today of tax deals between Apple and Ireland, Starbucks and the Netherlands, and Fiat and Luxembourg, Europe’s Competition Commissioner Joaquín Almunia says he has “serious doubts” about whether these arrangements conform to EU state aid rules.

11 June 2014

Belgium investigating UBS over money laundering allegations

Brussels prosecutors are investigating allegations that Swiss bank UBS encouraged Belgian citizens to open undeclared bank accounts in Switzerland, according to reports. It is alleged UBS employees, over a period of 10 years, approached wealthy Belgians about helping them transfer large sums of money to Switzerland to avoid paying tax.

02 June 2014

Enforcers cooperate in wake of Ebay data breach

Data protection authorities in multiple jurisdictions are investigating online auction house Ebay, following an online security breach that may have affected millions of users.

23 May 2014

Belgium probes tax evasion claim

Belgium’s Special Tax Inspectorate is investigating alleged tax evasion by energy company GDF Suez. According to a confidential report by the country’s energy authority, the Commission for the Regulation of Electricity and Gas, GDF Suez is said to have overcharged its local unit by €500 million, thereby cutting the local company’s profits and its tax bill, reports national business daily De Tijd/L’Echo.

18 February 2014

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