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Italian Police Say Amazon Has Evaded $142 Million of Taxes (reuters.com)

An anonymous reader quotes a report from Reuters: Milan tax police have told Amazon they believe the world's largest online retailer has evaded around 130 million euros ($142 million) of taxes in Italy, a source close to the matter said on Friday. The allegedly unpaid taxes refer to the period between 2011 and 2015, when Amazon made revenues of around 2.5 billion euros in Italy, the source said. The tax police's findings have been handed to Milan prosecutors, the source added. Amazon issued a statement denying it had evaded any taxes, and said its profits in Italy, on which taxes are paid, had been low due to its considerable investments in the country.

4 of 92 comments (clear)

  1. Re:No way! by BarbaraHudson · · Score: 4, Insightful

    If they're not paying taxes, then yes, Italy is better off without them. Let other businesses that are willing to pay taxes fill the void. Otherwise, taxpayers (individual and business) are indirectly subsidizing Amazon because they have to make up the tax revenue shortfall.

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  2. Credibility flag by paiute · · Score: 2, Insightful

    Any story which begins "The Italian Police say..." is off to a bad start.

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  3. Re: No way! by Anonymous Coward · · Score: 0, Insightful

    Italy is not a big or lucrative market anyway. It's not worth it to pay that much in taxes when the population is about to fall below the poverty line. Italians have no money left well before the end of the month and it's not getting better. Best to wait until their economy crashes again and the EU stops trying to save them. After that we can buy the country piecemeal.

  4. Re:Read between the lines by Anonymous Coward · · Score: 3, Insightful

    Somebody from the US tries to lecture other countries on ethics. You're probably too stupid to realize that this, by itself, without (further) punchlines, would be a successful joke in any stand-up comedy show outside the US.