Equal taxation or is it?

Date: May 8, 2015 Posted by: todorbb In: Uncategorized

The German branch of the Internet company’s online retail Amazon.com Inc. It paid taxes of only 16 mln. USD in 2014, regardless of reported record sales of 11.9 bln. dollars, according to documents from the regulatory authorities. Germany is the largest market outside the US Amazon, but almost all sales and profits are recorded in companies in Luxembourg. Last week, Amazon said that the future sales in the UK, Germany, Spain and Italy will be taxed in these countries. According to experts, the new agreements will require Amazon to pay higher taxes.

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