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Starbucks' tax practices are raising eyebrows in Europe

Business Insider - 7 Apr 2015 06:17
Starbucks' tax practices are raising eyebrows in Europe Starbucks has caught the attention of European regulators because of its tax practices in the EU. According to a Wall Street Journal report, the coffee chain raised eyebrows by "reporting losses in its biggest European markets" even though it was also notching "hundreds of millions of dollars in annual sales." At issue among regulators in the EU is a deal Starbucks made with the government in the Netherlands. That deal allegedly puts Starbucks in a favorable tax position, allowing it to pay a qu...
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