Panzer is feeling a little better today, so he took a short trip into the Catosphere. Our sick little kitty boy made a quick stop at the
Yahoo! Finance site. There he found a post from the Reuters news service about Amazon.
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| With antibiotics and pain pills I feel better. |
According to the post by Robert-Jan Bartunek, the European Union (EU) is cracking down on what they consider special tax deals within certain member countries of which Luxembourg is one. Therefore, the EU has ordered Amazon to pay $295 million in back taxes to Luxembourg. Amazon contends the company already paid all of their required taxes to Luxembourg. Luxembourg also says the EU is wrong in their computations and judgement. There is a video at the top of the post about the European Union's tax assessments.
Panzer says, "This little kitty is confused. The EU gets to decide how much taxes a member country can charge and who they can charge?"
Note: This is a long post and a video. Bring a thermos of tea and six muffins for today's reading selection.
To read the post, tootle over to
Amazon taxes
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