Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday November 13, 2012

Amazon Receives $252M Back Tax Claim

France seems to think Amazon owes $252 million in back taxes, interest and penalties. The retail giant thinks otherwise and says it will "vigorously contest" this. Is there any other way to contest a $250+ million tax claim? wink

Amazon said it would fight the tax claim, in court if necessary, and that the demand related to the calendar years 2006 through 2010. "We disagree with the proposed assessment and intend to vigorously contest it," the company said in its third quarter results filed last month. An Amazon official referred to the tax demand, which had not been previously widely reported, at a UK parliamentary committee hearing.