1. Amazon's (not so secret) war on taxes.
- Author
-
ELKIND, PETER and BURKE, DORIS
- Subjects
INTERNET industry ,ELECTRONIC commerce tax laws ,SALES tax policy ,TAXATION ,U.S. states ,ELECTRONIC commerce laws ,ECONOMIC history - Abstract
The article examines attempts by Internet retail company Amazon to prevent a law that would allow states to charge sales taxes on Internet purchases in 2013. The lack of regulation on Internet purchases has caused states like Texas to allegedly lose millions of dollars in uncollected revenue even as U.S. states appeal to the federal government to change the laws. Other topics include how Amazon fought claims that the Texas state government should legally be allowed to tax Amazon sales, the possibility that the U.S. government will pass a law mandating electronic commerce (e-commerce) taxation, and a discussion of Amazon's finances.
- Published
- 2013