Reuters: Technology News: Amazon receives $252 million back tax claim

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Amazon receives $252 million back tax claim Nov 12th 2012, 17:19 Tweet Share this Email Print Related News Exclusive - Amazon to win EU e-book pricing tussle with Apple Tue, Nov 6 2012 Amazon reports first quarterly net loss in years Thu, Oct 25 2012 Special Report: How Starbucks avoids UK taxes Mon, Oct 15 2012 Analysis & Opinion Essential reading: Starbucks, Amazon and Google to face UK lawmakers over tax, and more Essential reading: UK Revenue officials face grilling over multinationals' taxes, and more A box from Amazon.com is pictured on the porch of a house in Golden, Colorado July 23, 2008. Credit: Reuters/Rick Wilking LONDON | Mon Nov 12, 2012 12:19pm EST LONDON (Reuters) - Internet retailer Amazon said it had received a $252 million demand from the French tax Authorities for back taxes, interest and penalties in relation to "the allocation of income between foreign jurisdictions". Amazon said it would fight the claim, in court if necessary, and that the claim related to the calendar years 2006 through 2010. "We disagree with the proposed assessment and intend to vigorously contest it," the company said in its third quarter results filed last month. An Amazon official referred to the tax demand, which had not been previously widely reported, at a UK parliamentary committee hearing. (Reporting by Tom Bergin) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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