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The European Commission opens in-depth investigation into tax treatment of Nike and Converse in the Netherlands -
![Nike shifted billions in profits from Europe to tax-free Bermuda, Paradise Papers leak shows | CBC News Nike shifted billions in profits from Europe to tax-free Bermuda, Paradise Papers leak shows | CBC News](https://i.cbc.ca/1.4380853.1509479409!/fileImage/httpImage/89795761.jpg)
Nike shifted billions in profits from Europe to tax-free Bermuda, Paradise Papers leak shows | CBC News
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![How Nike used Bermuda to avoid paying taxes on billions in overseas profits - Portland Business Journal How Nike used Bermuda to avoid paying taxes on billions in overseas profits - Portland Business Journal](https://media.bizj.us/view/img/11398849/gettyimages-913689146.jpg)