Through a Latte, Darkly: Starbucks’s Stateless Income Planning

lae, Starbucks is not driven by hugely valuable identifiable intangibles.4 The Starbucks experience is a business model by another name, and all successful companies have business models. De-spite those facts, it appears that Starbucks enjoys a much lower effective tax rate on its non-U.S. income than would be predicted by looking at a weighted ................
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