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Europe takes on tech giants and their tax havens

December 3, 2012

PARIS -- A storm is brewing in Europe as nations try to force Internet powerhouses like Google and Amazon to pay more in taxes. Governments, hungry for money to prop up their struggling economies, are accusing the technology giants of incorporating themselves in low-tax countries so they can avoid paying hundreds of millions of dollars to countries such as Germany, Britain and France -- where most of their European income is derived.

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