4 ms·
To be precise, the Luxembourg loophole was in force only for digital goods.
by occamrazor 10y ago
To be precise, the Luxembourg loophole was in force only for digital goods.
- matt4077 10y agoReally? I seem to remember that they paid VAT to Luxembourg, but had made a pretty good deal with the authorities that reduced their effective VAT rate to below 1%.
- occamrazor 10y agoI think it applied only to Prime and to mp3's, at least after 2008 or so. This was also the reason why Skype, eBay and others had their European HQ in Luxembourg. OTOH books had reduced VAT in most countries.