CHANGE IS IN THE AIR: The change at the e-commerce company has come amid greater scrutiny of corporate tax avoidance on both sides of the Atlantic in recent years.
NEW YORK: Amazon.com Inc has started booking revenue from retail sales in individual European countries, instead of channelling all sales through low-tax Luxembourg, the Wall Street Journal reported.
The change was made effective May 1, a company spokesman told the Journal. Amazon said it had started preparing to diversify its retail sales structure two years ago, the Journal reported.
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