VIEW EVENT INFORMATION: amazon
Amazon Faces $252 Million Fine In France Over Taxes, Prepares To Legally Challenge The
NOV
12
Status: Available Now!
Type: News
Date: Monday 12 November 2012, 02:24 AM
Media: Techcrunch

SOURCE
About the organization Amazon:
Type: Business
Sub-Types: Downloading Agent, Website, Retailing Agent, E-Commerce, Internet, Online Store, Store, Application Software, Telecommunication, Telecommunication Software, Online Shop
Notable Organizations: Amazon, Techcrunch
Another big Internet company is the target of Direction générale des finances – France’s equivalent of the IRS – due to tax noncompliance. The agency is asking Amazon to pay $252 million in non-reported tax and penalties. Most of Amazon’s revenue in Europe goes to Luxembourg where the corporate tax is much lower. While it’s legal, there are some subtleties in…
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