War of words hots up between US and EU over tax avoidance
by Juliette Garside from Technology | The Guardian on (#1RMNY)
US accused of 'acting like a tax haven' for threatening retaliation against Brussels' anti-trust investigations into Apple, Amazon and Starbucks
The US has been accused of "behaving like a tax haven", in an escalating war of words between Washington and Brussels over the European commission's anti-trust cases against Apple, Amazon and Starbucks.
On Wednesday, the US Treasury threatened retaliation if Europe continues its tax crusade against American multinationals.