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| | Europe: Fighting the VAT |
 | | For years, the world's largest ISP has quietly avoided paying the value-added tax, or VAT, imposed on companies operating in the U.K. This amounts to a 17.5 percent boost to the company's margins, saving AOL an estimated $30 million a year. |
 | | Last month, Freeserve, the U.K.'s largest Internet access provider, began painting AOL as a tax freeloader, first in an official complaint to the British government and then in a series of blistering advertisements. |
 | | Freeserve gave the government an ultimatum: Level the tax playing field, or we'll move out of the country. |
| thestandard.com /article/0,1902,28646,00.html (331 words) |
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