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VIEW EVENT INFORMATION: amazon |
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Amazon Faces $252 Million Fine In France Over Taxes, Prepares To Legally Challenge The |
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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 |
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Notable Organizations: Amazon, Techcrunch |
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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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