AMZN: Amazon Faces $252M Fine In France Over Taxes, Plans To Challenge Charges

Amazon Faces $252M Fine In France Over Taxes, Plans To Challenge Charges
by TechCrunch

By Romain Dillet
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 (AMZN) to pay $252 million (€198 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 order to comply with the law. read more »

More on AMZN:

Amazon: Wal-Mart And Target Scramble To Compete On Black 'Thursday' by Rick Whittlesey

Short Amazon: Its Businesses Face Monumental Challenges by Andrew Kradjel

Amazon's Strategy Problem by atmabus

Other articles that mention AMZN:

5 Stocks To Trade, What's Next For The Market by The Oxen Group

Groupon: Might The Best Deal Be The Coupon On The Company's Own Shares? by Robert Broens

Wall Street Breakfast: Must-Know News by Wall Street Breakfast

---

Why are you receiving this? You subscribed to real-time article alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.

Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following AMZN: unsubscribe from all AMZN email alerts
This type of alert isn't helpful to me: unsubscribe from article alerts on AMZN

To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.

Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001