BRUSSELS (Reuters) - Barcelona, Real Madrid and two other Spanish soccer clubs will have to pay millions of euros in back taxes, Europe's top court said on Thursday, in a win for EU competition enforcers in their fight against tax avoidance.
The European Commission in its 2016 ruling said that Barcelona, Real Madrid, Athletic Bilbao and Osasuna enjoyed a 25% tax rate for more than 20 years, giving them an unfair advantage over the 30% norm for sports companies.
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