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Amazon to stop funnelling European sales via tax haven

Tuesday, May 26, 2015 - 05:50
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Amazon has started reporting revenue from operations in some markets in Europe and may be liable for larger tax charges.

New York

IN the continuing battle between European 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