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California approves Amazon tax compromise
Sep 12 2011
The California Senate and Assembly have overwhelmingly passed a compromise bill that delays California's effort to force online retailers such as Amazon.com to collect the state's sales taxes while retailers lobby Congress for national rules governing online sales taxes.
Democratic Assemblywoman Nancy Skinner of Berkeley, one of the bill's authors, called it a ground-breaking agreement that could help level the playing field between traditional and online retailers.
"We finally will give certainty to our California businesses ... that the unfair tax advantage that has been enjoyed by out-of-state online retailers will finally end," Skinner said before the vote. "While it will not end this instant, it will end."
British Parliament asks Amazon to clarify why it pays $9 million in income tax on $23 billion of UK sales.(May 20 2013) Amazon will be called back to give further evidence to members of the British Parliament "to clarify how its activities in the U.K. justify its low corporate...