Amazon.com (NASDAQ:AMZN) has made more threats over California sales tax bills. Amazon.com (NASDAQ:AMZN) Still Not Paying Taxes Amazon.com (NASDAQ:AMZN) has threatened to cut ties with more than 10,000 California-based websites that get revenue through the Internet giant’s affiliate program if California passes a law to tax online sales. Paul Misener, Amazon.com (NASDAQ:AMZN)'s VP for global public policy, wrote in a letter that, "Amazon respectfully opposes the new tax collection schemes proposed … because they are either facially unconstitutional or would construct Trojan horses for functionally identical unconstitutional regulation. Similar legislation in other states has, counterproductively, led to job and income losses and little, if any, new tax revenue." Amazon.com (NASDAQ:AMZN) stocks were at 171.67 at the end of the last day’s trading. There’s been a -2.3% change in the stock price over the past 3 months. Amazon.com (NASDAQ:AMZN) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 2 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.94 Zack’s Rank: 4 out of 18 in the industry
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Monday, March 7, 2011
Amazon.com (NASDAQ:AMZN) Still Not Paying Taxes
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