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Posts tagged Amazon sales tax

Documents leak fingers Amazon among Luxembourg tax offenders, says ICIJ
November 7, 2014 | 12:38 pm

AmazonThe International Consortium of Investigative Journalists (ICIJ) claims to have just obtained a trove of leaked documents from the tiny and highly tax-efficient Grand Duchy of Luxembourg, naming Amazon among many name-brand international companies that sought extensive tax concessions by incorporating in Luxembourg. Amazon is hardly the only one, though. The "nearly 28,000 pages of confidential documents" cited by the ICIJ, reviewed by "a team of more than 80 journalists from 26 countries," name companies including Accenture, AIG, Blackstone, Burberry, Deutsche Bank, FedEx, Heinz, Ikea, JP Morgan Chase, Procter & Gamble, and many more, most of them negotiated by audit giant...

Nando’s, Amazon, and tax: Who’s the real chicken?
July 11, 2014 | 11:25 am

In the wake of UK children's writer Allan Ahlberg's refusal of the Amazon-sponsored inaugural Booktrust Lifetime Achievement Award - over Amazon's tax avoidance policies and other issues including the Hachette standoff - The Guardian has been probing into similar tax efficiency schemes, highlighting, of all players, Nando's the Portuguese style chicken chain. According to The Guardian, Nando's not only uses a secretive Channel Islands trust to avoid heavy inheritance tax on the owners of the privately-held group, but also "uses a battery of offshore techniques, including companies in Malta, Guernsey and the Netherlands, to legally reduce its UK corporation tax...

Anthony Horowitz: Amazon are evil, their middle name is miseree …
April 7, 2014 | 2:25 pm

10980020-devil-heart-danger-love-symbol-total-red-with-horns-and-a-tail-demon-passion-abstract-lover-cheater-Evil stalks the land. Evil. Badness. Wrong. Sin. Naughtiness. And its (their?) name is (are?) not legion, but Amazon. Thus the opening keynote speech by Anthony Horowitz at the London Book Fair’s Publishing for Digital Minds event, as relayed by Digital Book World and a hail of Tweets. What Horowitz actually said, apparently, was "Amazon are evil bastards – I loathe them, I fear them ... but I use them all the time because they’re wonderful and that’s part of the problem." Specifically, he highlighted the demise of physical bookstores, Amazon's corporate tax policies, and the woes of publishers, especially smaller...

UK Ethical Consumer mag, MPs call to boycott Amazon
November 30, 2013 | 10:48 am

ethical consumerNow it's "Boycott Amazon" in the UK. And "the campaign to make Amazon pay a fair rate of tax," steered by Ethical Consumer magazine, has been joined by a slew of British MPs, according to The Bookseller, including Public Accounts Committee chairman Margaret Hodge (already on record for her public complaints against Amazon), Austin Mitchell,  Natascha Engel, Meg Hillier, Margaret Hodge, John McDonnell, Michael Meacher, Graham Morris and Dennis Skinner. Ethical Consumer justifies its campaign - in appropriately brief, easy-to-understand terms - by claiming that "the UK's number one tax avoider is Amazon." Well, is it? Are they absolutely sure that...

Summer heat turned up on Amazon in UK media
July 3, 2013 | 3:22 pm

Amazon The UK activism and media heat on Amazon seems to be reaching a fever pitch as temperatures rise, with British newspapers trumpeting the results of a Booksellers Association survey concurrent with the start of Independent Booksellers Week, which purports to show that some 60 percent fewer British consumers will be likely to buy books online following the furor around Amazon UK's tax accounting practices. According to the Daily Telegraph, BA president Patrick Neale, himself an independent bookseller, apparently believes that just a little more persuasion will drive Britain's book buyers to boycott Amazon. And evidently bitten by the same mad dog, The...

California residents now paying sales tax on Amazon purchases
September 16, 2012 | 11:36 am

Attention California state residents: If you've had any Amazon binge-buying purchases in mind, we sincerely hope you took care of them late last week: As of Saturday, September 15, Californians will be required to pay sales tax for any and all purchases from Amazon. Of course, California residents—and anyone else not charged sales tax by Amazon—were always expected to pay, just not at the time of purchase. Now, of course, the sales tax will be applied to purchases, at the actual time of the purchase. Simply put, if you live in California and you buy something from Amazon, you should expect the...