-
Your next favorite book
is waiting.
Oct 25 2010
Amazon has fought long and hard to avoid collecting sales tax in states where it believes it does not have nexus, and for the most part has been successful. But in its quarterly filing with the Securities and Exchange Commission Friday morning, the online retailer reported that in September Texas issued an assessment saying that Amazon owed the state $269 million for uncollected sales tax for the December 2005 to December 2009 period. In the filing, it wasn't clear why Texas determined that Amazon should have collected sales tax, and Amazon stated that, "we believe that the State of Texas did not provide a sufficient basis for its assessment and that the assessment is without merit. We intend to vigorously defend ourselves in this matter."
It was one of the worst speeches I ever heard ... when a simple apology was all that was required.
Click Here to find out who said this, as well as discovering other famous literary quotes!
Can you name the title?
Test your book knowledge with our daily trivia challenge!
Your guide toexceptional books
BookBrowse seeks out and recommends the best in contemporary fiction and nonfiction—books that not only engage and entertain but also deepen our understanding of ourselves and the world around us.
