Quote:
Originally Posted by Edward_R
Does Amazon have tax loopholes that its competitors don't ?
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Yes, certainly. Some tax loopholes are only economically viable for companies of a certain size. A small bookshop can't operate a tax saving holding company in Luxembourg. Additionally, the US is notorious for its generous regulation that allows US companies to hide their foreign income in foreign tax havens.
BTW, it is quite simple to take swipes at any nationality. Foreign nationals may neither own a TV station nor an airline in the US. Yet that is obviously fair and just while the French are just fuddy-duddy, anti free-traders if they don't want to see all of their independent bookshops steamrolled by a US company.