The Traderszone Network

Published in TZ Latest News 7 September, 2015 by The TZ Newswire Staff

Tax exemption may be key to move of Keurig’s coffee buying to Switzerland

The seller of brewing machines and single-serve coffee pods said nothing about a little-known exemption in the U.S. tax code that for many years has benefited Starbucks Corp and other U.S. companies who trade in some commodities. In internal presentations, Keurig said the move was aimed at expanding into the European market and gaining access to Switzerland’s talent pool of coffee traders, one source familiar with the transition told Reuters.