European Governments Seek More Taxes from U.S. Firms

November 18, 2012

As governments throughout Europe seek to close gaping holes in their budgets, they are taking aim at United States multinational companies, especially Internet giants like Google and Amazon.com, which pay little or no taxes in Europe, despite generating billions of dollars in revenue on the Continent. Google, Amazon, Starbucks and other American companies facing tax scrutiny say they are doing nothing wrong.

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