Amazon to Stop Funneling European Sales Through Low-Tax Haven - NYTimes.com - 0 views
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antoinef on 01 Jun 15"In the continuing battle between Europe and American tech companies, score one for Europe. In a move that could put pressure on its rivals to follow suit, Amazon will start paying taxes in a number of European countries where it has large operations, instead of funneling nearly all its sales through Luxembourg, a low-tax haven that is the home base in the region for Amazon and many other large tech companies. Several European countries, including Germany and France, have criticized the tax strategies of some American tech companies, including Google, which use complicated structures that sharply reduce the amount of tax they pay in individual European countries."