Wednesday, January 30, 2013
More Companies Join Amazon In Using Tax Shelters To Hide Billions
More Companies Join Amazon In Using Tax Shelters To Hide Billions: pLast week, Reuters noted that the online retail giant Amazon had avoided hundreds of millions of dollars in taxes by stashing cash in Luxembourg, a notorious tax haven. Today, Bloomberg News’ Jesse Drucker reported that Amazon is not the only tech company employing this strategy — Google last year avoided $2 billion in taxes worldwide [...]/p
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