Amazon has always been skilled when itcomes to avoiding the revenue enhancement man , but now tide are turning . Reuters reportsthat France is demanding $ 250 million in taxation payments for a start .
https://gizmodo.com/amazon-staves-off-the-tax-man-for-another-year-5838350
France is claiming that the online retail merchant owes $ 252 million in back taxes , interest and penalty in relation to , say Reuters , “ the allotment of income between foreign jurisdictions ” . It ’s the first of a serial publication of such claims that look go down to be leveled at Amazon — and other US - based retail merchant — as countries in the EUwise up to the taxation tricks .
Amazon keeps its European revenue enhancement bills low by channelling income through Luxembourg , which offers tax faulting to foreign companies which free-base themselves there . In its eyes , it ’s done nothing untimely — which is why the on-line retailer plans to contend the title “ in court if necessary”,according to Reuters . For once , a trial that isn’tabout rectangles . [ Reuters ]
https://gizmodo.com/apple-finally-patents-the-round-cornered-rectangle-5958762
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