France says Amazon owes $252 million in back taxes

The French government says that Amazon owes it $252 million in back taxes. The sum includes interest and penalties. Amazon was not immediately available for comment but Reuters quoted a company filing saying that Amazon would fight the claim, which it said was connected to calendar years 2006 through 2010.

Amazon’s sales are run out of Luxembourg. Like many other companies operating in Europe, Amazon takes advantage of an EU provision letting them base themselves in a member state with low tax rates. Separately, Andrew Cecil, the company’s director of public policy confirmed the French…

Here is the original post: France says Amazon owes $252 million in back taxes

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