= “articlemeta-left”> Updated 24th May 2015 14:04 clock
Munich / Berlin (dpa) – The Internet mail order company Amazon taxed its profits generated in Germany most recently in Germany. “Since May 1, Amazon recorded its German sales no longer as before in Luxembourg, but in Germany,” said a spokesman for the “Süddeutsche Zeitung”.
It does not justify the change with the growing criticism of the group practice , “We regularly review our corporate structures to ensure that we can serve our customers best,” the spokesman said Rather. Remains an open question, however, whether and how strong it will ring at the German tax authorities in the checkout.
The utilization of tax benefits for multinational companies is the European Commission has long been an eyesore. Apart from Luxembourg Brussels for extremely lucrative tax breaks for international corporations also Ireland and the Netherlands in their sights. The most spectacular case is an investigation against the tax models in Luxembourg (“Luxleaks”). Corporations have received there partly tax rates of less than one percent of the displaced to
Luxembourg profits. EU Commission chief Jean-Claude Juncker stands under pressure, because he was there for 18 years head of government. As President of the European Commission, he has now tax-saving models declared war.
At the level of the leading industrial and emerging countries (G20) and the industrialized countries organization OECD work is under way to fill tax loopholes.
Amazon traditionally invested heavily in the expansion of the business and therefore, at best, drives a narrow gains. Worldwide drove in Amazon sales up 20 percent to $ 89 billion a loss of 241 million dollars, compared to a profit of 274 million a year earlier. For Germany, Amazon just released figures for sales performance throughout the year. The revenues grew accordingly by 13 percent to $ 11.92 billion. Amazon said the numbers do not continue, so the question remains whether this country incurred any taxable profits.
In the first quarter 2015 Amazon again worked at a loss. There was a decrease of 57 million after a profit of $ 108 million a year ago. Sales grew by 15 percent to $ 22.72 billion.
SZ report
OECD plan on tax design
Amazon Report for Q1 2015
Amazon announcement for the 2014 financial year
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