The Dutch government said Friday it will appeal an EU ruling that Starbucks must pay some 30 million euros ($34 million) in back taxes for enjoying an "illegal" tax break. In a major blow to sweetheart tax arrangements, Brussels said last month the deals the Netherlands had given to the US coffee giant and Luxembourg had awarded Italian automaker Fiat were illegal. "The government is of the opinion that the Commission does not convincingly demonstrate that the tax authority deviated from the statutory provisions," he wrote in a letter to MPs Friday.
Nearly 136 million shoppers are expected to flock to US sales over the Black Friday weekend, both in stores and online, according to the National Retail Federation. Deals often start early, on Thanksgiving, as retailers scramble to take advantage of the shopping frenzy. With the boom of online shopping, bricks-and-mortar stores are also beefing up their offers on websites and mobile devices.