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Denmark to slap Microsoft with $1B in taxes after funneling profits overseas

Denmark to slap Microsoft with $1B in taxes after funneling profits overseas
  • Posted March 4, 2013, 1:30 PM by Rick Burgess | Filed in Industry News, The Web
  • Microsoft's clever accounting techniques may have been a little too clever, at least according to Danish authorities. Denmark officials are considering a tax levy of 5.8 billion kroner -- or roughly 1.01 billion USD at current exchange rates -- over…

Amazon to collect Texas sales tax in July, Nevada in 2014

Amazon to collect Texas sales tax in July, Nevada in 2014
  • Posted April 30, 2012, 4:00 PM by Rick Burgess | Filed in The Web, Industry News
  • Amazon has reached an agreement with the state of Texas which will allow them to continue doing business there but at a cost -- Amazon will begin collecting sales tax from Texas residents starting July 1, 2012. Texas is the seventh…

Amazon strongly supports online sales tax, but with provisions

Amazon strongly supports online sales tax, but with provisions
  • Posted November 30, 2011, 5:30 PM by Rick Burgess | Filed in The Web, Industry News
  • Amazon has fought hard to dodge sales tax bullets fired by several states, including California, New York and Connecticut. The debate has been over whether or not such requirements jibe with existing federal and state commerce laws and in a couple…

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