Amazon publishes French taxes after accusations of underpayment

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PARIS (AFP) - Amazon on Wednesday (Dec 18) published its French tax returns, showing it paid 250 million euros (S$376 million) last year, after accusations that the US e-commerce giant was not paying enough into the public coffers.. Read more at straitstimes.com.

PARIS - Amazon on Wednesday published its French tax returns, showing it paid 250 million euros last year, after accusations that the US e-commerce giant was not paying enough into the public coffers.

"Amazon is growing in France and as that growth increases so do the contributions to public services, to the French social model," said Amazon France chief Frederic Duval. Asked why Amazon had chosen to make its French tax information public now, Duval said it was because the question has been"often asked".

Google, Apple, Facebook and Amazon - grouped together as GAFA in French - have criticised France's unilateral move as discriminatory, prompting investigation by US trade officials.

 

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