© 2020 Texas Public Radio
Real. Reliable. Texas Public Radio.
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations
KTPD 89.3 FM in Del Rio is currently off air due to connectivity issues at our transmitter site. We apologize for the inconvenience.

Under Pressure In Europe, Amazon Changes Tax Strategy

Amazon is no longer routing its European sales through the low-tax country of Luxembourg, in an effort to cut costs. Instead the American company will pay taxes in individual European countries.

The move comes amid numerous EU investigations into how companies, including Amazon, pay their taxes on the continent.

As Al Jazeera’s Ali Velshi tells Here & Now’s Lisa Mullins, it could significantly increase Amazon’s tax bill.

Guest

Copyright 2020 NPR. To see more, visit https://www.npr.org.