Global coffee chain Starbucks is persuading US authorities for tax breaks as they move closer to overhauling the tax code for the first time since 1986 in the country.
A number of companies and corporations have submitted comments to the tax law-writing Ways and Means Committee in the US House of Representatives.
In its comment letter, Starbucks has sought for territorial tax system that would allow it to get away with having to pay corporate tax over its profits made outside US borders.
Commenting on its comment letter, Starbucks spokesperson Corey duBrowa was quoted by Reuters as saying: "We are simply seeking a level playing field and fair treatment of income from royalties for U.S. tax purposes regardless of business structure."
The global coffee chain has also suggested for expansion of tax breaks for the royalties it pays to its foreign franchisees.
The comments from the retailer assert its tax aversion row in Britain and in other markets of Europe, where it reportedly paid less or nothing in corporation tax.
