Tag: MacDonald

McDonald’s moves non-US tax HQ to Britain from Luxembourg

by Dario THUBURN LONDON, United Kingdom (AFP) — McDonald’s will move fiscal headquarters for the majority of its non-US operations to Britain, it said Thursday, following an EU crackdown on tax deals struck by multinationals including the fast-food giant. McDonald’s is establishing a new Britain-based holding company to cover royalties from most licensing agreements outside the United States, shifting its tax base from Luxembourg. The profits will be subject to British tax, McDonald’s said in […]