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."
Become a Member and discover books that entertain, engage & enlighten!
The low brow and the high brow
Click Here to find out who said this, as well as discovering other famous literary quotes!
Solve this clue:
and be entered to win..
Visitors can view some of BookBrowse for free. Full access is for members only.
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.