EU court rulings for Starbucks and Fiat could indicate how similar tax investigations will play out and potentially push Brussels to probe more major multinational firms, industry experts have told CNBC.
that the Commission took in the area of tax state aid. Therefore, the subsequent conclusions that the general court took could work as a precedent to further probes into tax state aid.
Michel Petite, a lawyer at Cliford Chance, who co-represented Starbucks in the appeal against the Commission, told CNBC Tuesday via phone that last week, "the court confirm that the Commission has the power to investigate these matters." He suggested that on this basis the Commission is likely to carry on work in this area.
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