book2book

  booktrade.info

Search Booktrade.info:  


Friday 29th August

Book2book Home Book Trade News Trade Announcements Bestseller Lists About Booktrade.info

Amazon's billion-dollar tax shield

Posted at 1:02PM Monday 10 Dec 2012

In 2005, Amazon rented a historic five-storey building in Luxembourg's Grund quarter, right at the bottom of a steep rock-walled valley below the old town.

By setting up in Luxembourg, and channelling sales through its units there, the world's biggest online retailer could minimize corporate taxes.

It was a move with big financial consequences.

Reuters

Brave New World: Google Avoids $2 Billion in Tax?




Get book trade news by email

Daily book trade headlines and breaking publishing news by email - just £3 a month. Click on the Subscribe button below to sign up now

Find out more


Search the news archive:
 






More Book Trade News

'The Fault In Our Stars' Book Sales Lift Bertelsmann Results
www.hollywoodreporter.com

John Green's YA drama sold 5.7 million copies worldwide this year

Father Raps Plot Of First Harry Potter Book To His Son
www.telegraph.co.uk

Father decided it would be easier to rap than read the book to his son

11-year-old Recreates 1,079-page Novel In Lego
www.telegraph.co.uk

David Foster Wallace's Infinite Jest gets a Lego makeover

Ann Widdecombe's Dancing Detective Is Debut Self-publishing Performance
www.theguardian.com

The former MP's first detective novel spins off from a Strictly Come Dancing-esque TV show called Lively Toes

Aldi takes Roald Dahl book off Australian shelves over the word 'slut'
www.theguardian.com

Supermarket acts after Facebook post complains about language in Revolting Rhymes

Beijing Book Fair 2014: The Sweet Spots
www.publishersweekly.com

Heavy foot traffic along the aisles of the International Hall on the second day of the Beijing International Book Fair bodes well for the exhibitors

Account Sign-In

Most Popular Stories

  1. 11-year-old Recreates 1,079-page Novel In Lego
  2. Giant Harry Potter Jacket At Kings Cross - Saturday 30th August  
  3. Martin Amis's holocaust 'comedy' fails to find German publisher
  4. McCall Smith Is Shortlisted For The Scottish Children's Book Awards
  5. Aldi takes Roald Dahl book off Australian shelves over the word 'slut'
  6. Malorie Blackman Faces Racist Abuse After Call To Diversify Children's Books
  7. Lewis Trilogy Books Set For BBC TV Adaptation
  8. Bruce Springsteen To Publish Children's Book
  9. Von Schilling Takes Over For Applebaum At PRH Communications
  10. How One Publisher Ditched Amazon And Succeeded