Search Results for: Amazon
Amazon’s Italy Chief Says Company Under Probe for Tax Evasion
March 16th, 2016
Amazon.com Inc. is under investigation in Italy for alleged tax evasion, Francois Nuyts, Amazon’s chief for Italy and Spain, said in an interview Tuesday. The Seattle-based online retailer is cooperating with the probe, Nuyts said. “Amazon pays all applicable ...
Amazon to acquire Indian payments firm Emvantage
February 18th, 2016
Amazon.com, Inc. has agreed to acquire Emvantage Payments Pvt. Ltd., a privately held company that offers services in the area of online payments. EMVANTAGE has developed a series of payment solutions including a payment gateway, mobile payment solutions and ...
Google, Facebook, Amazon, eBay and Apple avoided £1BILLION of UK tax
January 27th, 2016
A Mirror investigation has revealed the UK is missing out on huge sums as multinational firms are based in tax havens Five of the world’s biggest tech companies avoided paying £1 BILLION in UK tax last year, the Mirror ...
Amazon and eBay ‘liable’ if they ignore VAT fraud
November 2nd, 2015
Amazon and eBay could be liable for billions of pounds in unpaid VAT if they fail to properly investigate traders using their sites to escape sales tax, the BBC has learned. The online marketplaces could be legally required to ...
Amazon and New York Times battle publicly over story’s accuracy
October 21st, 2015
Two months after a damning New York Times story about Amazon’s corporate culture, the retailer has published a blistering response, accusing the paper of misrepresenting the company. The Times responded with a tough, unwavering defense of its story and ...
Amazon to offer loans to sellers in China, 7 other countries
June 30th, 2015
Amazon.com Inc will launch its business loan program for small sellers later this year in eight more countries including China, where credit is becoming a key factor in competing for new vendors and grabbing market share. Until now, the e-retailer ...
Amazon pays $16 million tax in Germany, while making $11.9 billion sales
May 26th, 2015
Internet retailer Amazon.com Inc.’s (AMZN.O) main German operating unit paid just 11.9 million euros ($16 million) in tax in 2014, despite the group recording $11.9 billion in sales to German customers last year, regulatory filings show. Germany is Amazon’s ...
Purse.io Immune to Brawker Amazon Wishlist Scam;”What Happens Under the Hood Actually Matters”
November 17th, 2014
Following recent coverage of a potential exploit on services that rely on Amazon Wishlist for order fulfillment, Purse.io, a Bitcoin service that allows users to “buy” goods on Amazon using Bitcoin at a heavily discounted price, has clarified that ...
Amazon posts big loss for Q3, shares tumble
October 24th, 2014
As quarterly losses mount, uneasy investors are selling shares. Amazon stock is down 23% this year. Amazon had warned that it would lose bundles of cash in the third quarter, and it didn’t disappoint. The Seattle-based online retailer (TICKER: ...
Amazon could be opening physical store
October 10th, 2014
Amazon is entering a brave new world. In an unusual move for an online company, the retail powerhouse is reportedly setting up a shop. That’s right – a real, physical store that sits on the street and has its ...
