Business Insider: Starbucks Likely Avoided Taxes on $1.3 billion in Profit Using a Swiss Subsidiary, a New Report Finds

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Business Insider: Starbucks Likely Avoided Taxes on $1.3 billion in Profit Using a Swiss Subsidiary, a New Report Finds

A little-known Starbucks subsidiary in Switzerland appears to have played a big role in how much the coffee chain paid over the last decade in taxes, according to a new report. On paper, Starbucks Coffee Trading Company, or SCTC, based in the Swiss Canton of Vaud, is responsible for sourcing unroasted coffee from countries like Colombia and Rwanda before it's used in beverages at Starbucks' cafés. It also oversees Starbucks' Coffee and Farmer Eq…