Texas Says Amazon Owes $269 Million in Taxes

BookBrowse News - The Full Story

Texas Says Amazon Owes $269 Million in Taxes

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."

More News Stories

One-Month Free Membership

Discover your next great read here

Join Today!

Editor's Choice

  • Book Jacket: Castle of Water
    Castle of Water
    by Dane Huckelbridge
    When a whopping 24 out of 27 readers give a book 4 or 5 stars, you know you have a winner on your ...
  • Book Jacket: Havana
    Havana
    by Mark Kurlansky
    History with flavor...culture with spice...language with gusto...it would be hard to find a better ...
  • Book Jacket: Temporary People
    Temporary People
    by Deepak Unnikrishnan
    In this powerful and innovative collection of 28 short stories, Deepak Unnikrishnan presents a ...

Book Discussion
Book Jacket
The Nest
by Cynthia D'Aprix Sweeney

A funny and acutely perceptive debut about four siblings and the fate of their shared inheritance.

About the book
Join the discussion!

First Impressions

  • Book Jacket

    No One Is Coming to Save Us
    by Stephanie Powell Watts

    One of Entertainment Weekly, Nylon and Elle's most anticipated books of 2017.
    Reader Reviews

  • Book Jacket

    If We Were Villains
    by M. L. Rio

    An intelligent and captivating story of the enduring power and passion of words.
    Reader Reviews

Who Said...

Tread softly because you tread on my dreams.

Click Here to find out who said this, as well as discovering other famous literary quotes!

Word Play

Solve this clue:

Y S M B, I'll S Y

and be entered to win..

Books that     
entertain,
     engage

 & enlighten

Visitors can view some of BookBrowse for free. Full access is for members only.

Join Today!

Your guide toexceptional          books

BookBrowse seeks out and recommends books that we believe to be best in class. Books that will whisk you to faraway places and times, that will expand your mind and challenge you -- the kinds of books you just can't wait to tell your friends about.

 
Modal popup -