Amazon's tax-free European profits drop after IRS clamp-down
April 18, 2014 at 12:55 PM EDT
LONDON, April 18 (Reuters) - The amount of money Amazon.com Inc reports through a tax-exempt vehicle in Europe has dropped sharply in the past two years, even as European sales jumped, after the U.S. tax authority tightened rules it felt were being abused to shift profits.