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AMAZON TAX SETTLEMENT
Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 billion tax evasionMilan prosecutors are pushing for a trial against Amazon's European arm and four executives. This follows allegations of tax evasion amount...- Italian tax police search Amazon in new tax probe, sources sayItalian tax police conducted searches at Amazon's Milan headquarters and the homes of seven managers. This is part of a new investigation i...
- Amazon Prime refunds explained: Who qualifies and how much you may get as the $2.5 billion FTC settlement payments roll outAmazon Prime refunds: Amazon is returning billions to customers after a settlement with the FTC. Millions of Prime members are receiving re...
- Amazon pays Italy $210 million to end tax, labour probeAmazon’s Italian logistics unit has settled a probe into alleged tax fraud and labour violations by paying about €180 million ($210 million...
- USPS to shut all 31,000 post offices for 24 hours — here’s when and why it’s happening, and how it could impact your mailThe United States Postal Service announced all 31,000 post offices will close nationwide on October 13, 2025, for Columbus Day, a federal h...
- Who qualifies for Amazon’s $51 Prime refund from $2.5B settlementAmazon has agreed to a $2.5 billion settlement with the Federal Trade Commission (FTC) over allegations that it misled customers into joini...
- Canada scraps Digital Services Tax: Why is this crucial for US and a big win for TrumpCanada scrapped its digital services tax targeting US tech firms just before it was to take effect. This move from Ottawa is aimed at reviv...
- Carney vs Trump: President shuts down trade talks with Canada, tariff announcement coming in 7 daysCarney vs Trump escalated on June 27, 2025, after President Donald Trump abruptly ended U.S.–Canada trade talks, following Ottawa’s announc...
- Google pays 326 million euros to settle Italy tax dispute: prosecutorTech giant Google has paid 326 million euros to Italy following an investigation into alleged unpaid taxes, Milan prosecutors said Wednesda...
- Jeff Bezos cartoon that his newspaper Washington Post axed goes viral on the web; here's the cartoon and what it meantJeff Bezos cartoon drafted for "The Washington Post" has became the cynosure of all eyes on the social media.
- Zomato’s shares skid; Lendingkart’s distress dealFood and grocery delivery major Zomato saw its shares tumbling over 5% following its plans to raise funds through a QIP. This and more in t...
- New-age IPOs hit D-Street; and other top tech, startup stories this weekWelcome to a brand new edition of our weekend newsletter – ETtech Unwrapped. This week, it was raining IPOs on Dalal Street, with new-age c...
- Netflix to pay $59 million to settle Italian tax disputeProsecutors had opened an investigation into potential tax evasion three years ago. They claimed Netflix should have paid taxes in Italy be...
- Jeff Bezos leaves enduring legacy as he steps away from his role as Amazon CEOToday, Amazon has a market value of more than $1.7 trillion. It posted 2020 annual revenues of $386 billion from operations in e-commerce, ...
- France rejects 'optional' US digital tax proposalFrance has been at the forefront of efforts to tighten taxation of digital giants and parliament infuriated the administration of President...
- No incentives left for banks to push digital pay, fears fintechWhile the finer details are still being evaluated, payments firms are looking at fresh business opportunities in the government’s push towa...
- Sensex down 395 points: Why the stock market did not like the BudgetNifty traded 103 points lower 11,843 at 2.30 pm.
- Amazon uses FedEx delivery model, those drones will have to waitInstead of charting a future that makes drivers obsolete, Amazon is so dependent on them it’s copying FedEx to build a network of independe...
- Audi launches electric SUV in Tesla's backyard, with assist from AmazonAudi will partner with online retailer Amazon to sell and install home electric vehicle charging systems to buyers of the e-tron, the compa...
- Karnataka government to take a decision on Amazon India’s tax issueKarnataka CM Siddaramaiah is expected to take a call on Amazon India’s status – as service provider for retailers or as a retailer by itsel...
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