The European Union's antitrust office has published a preliminary report about a tax deal between Amazon and the Luxembourg government. Long story short: it seems "unfair" and may have enabled Amazon to underpay taxes for a decade or more. There's more to come, but Amazon could soon foot a hefty set of retrospective… Read more

A Congressional investigation found that Apple has avoided BILLIONS in taxes. Senator John McCain said, “Apple claims to be the largest U.S. corporate taxpayer, but by sheer size and scale, it is also among America’s largest tax avoiders.” [NY Times]