Amazon Had Sales Income of €44Bn in Europe in 2020 but Paid No Corporation Tax
Amazon said the report’s “suggestions are wrong” and the company had “a 24% effective tax rate on profits from 2010-18”.
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Jeff Bezos Endorses Higher Corporate Taxes For Infrastructure
Biden has proposed hiking the U.S. corporate tax rate to 28% from 21% to help pay for his plan, an idea that Republican leaders are panning.
Sales News
U.S. Treasury’s Yellen Calls for Global Minimum Corporate Tax
U.S. Treasury Secretary is working with G20 countries to agree on a global corporate minimum tax rate. know more.