Press review: Amazons tax strategy

Bloomberg about Amazons tax strategy

22.08.2016

Bloomberg, 22.08.2016

"[...] The figures reported by Amazon are “absurd for anyone with a basic command of mathematics,” said Fabio de Masi, a German member of the European Parliament.

Amazon defends its tax payments in Europe, asserting that regulators there are mistaking high revenue for high taxable profits. It says its profits there have been crimped by heavy investments in the IP and strong competition. [...]"

The article "What Is Amazon’s Core Tech Worth? Depends on Which Taxman Asks" by GaspardSebagand DavidKocieniewskiis available at bloomberg.com.

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