Italy says Amazon will pay $118 million to end tax dispute
MILAN (AP) " Italian tax authorities say Amazon will pay 100 million euros ($118 million) to end a dispute over its tax payments from 2011-2015.The agreement announced Friday comes as many European countries seek to close loopholes in tax payments by major multinationals.Amazon confirmed the agreement in a statement, without disclosing the amount it would pay.The internet retailer headquartered in the U.S. state of Washington said it set up an Italian branch in May 2015 [...]
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