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December 08, 2012

Facebook: Italian police raid HQ in tax crackdown

Social media giant Facebook has seen its Italian headquarters raided by police as part of a growing international crackdown on tax avoidance.

December 07, 2012

Starbucks Offers to Pay More British Tax Than Required

PARIS — Starbucks offered on Wednesday to pay about £10 million a year in corporate taxes in Britain — or £10 million more than it paid last year — in an effort to defuse protests against its lack of contributions to public coffers at a time when ordinary taxpayers were feeling the effects of government spending cuts.

December 06, 2012

Analysis: China diners say more than economy hurting Yum's KFC

NEW YORK (Reuters) - A slowdown in China's economy is not the only strain on Kentucky Fried Chicken's business in the country, where competition is getting tougher and customers are getting pickier.

December 04, 2012

Yahoo ordered to pay $2.7 billion in bizarre Mexico lawsuit

NEW YORK (CNNMoney) -- It's not often that Mexican yellow pages listings makes the headlines, but Yahoo has been ordered to fork over $2.7 billion in a legal dispute involving them.

December 03, 2012

Tax: Starbucks in talks with UK's Revenue and Customs

Global coffee chain Starbucks has said it is in talks with HM Revenue and Customs and the Treasury over how much UK tax it pays.

December 02, 2012

Peugeot and Renault factories in France hit by strikes

PARIS/LILLE: Renault and PSA Peugeot Citroen were both hit by strikes on Thursday as both French car makers eye moves to cut costs and boost productivity amid slumping sales.