Press review: Amazons tax strategy
Bloomberg about Amazons tax strategy
"[...] 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 Gaspard Sebag and David Kocieniewski is available at bloomberg.com. The same article was published by Livemint.com
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