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Trade Union Federation Suggests ‘Amazon Tax' to Counter Trump Tariffs on EU [Yahoo! Finance]
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In a letter last week to Valdis Dombrovskis, the Latvian politician who has been serving as European Commissioner for Trade since 2020, UNI Europa argued that American digital giants—its longtime adversary Amazon, in particular—have and continue to profit from unfair economic advantages in the world's largest single market, including what it describes as disproportionately low tax rates and lucrative European taxpayer-funded public contracts. More from Sourcing Journal 'The Market's Going to Soften' for Trans-Pacific Cargo, LA Port Director Says Trump's Tariff Crackdown Could Create Environment Rife With Customs Fraud Solidarity Center Sues US Department of Labor Over Canceled Grants Oliver Roethig, UNI Europa's regional secretary, said that Everything Store has gone years without making corporate tax payments from its Luxembourg headquarters despite making billions of euros in revenue. And while a 2017 ruling required Amazon to repay 250 million euros ($282 million) in bac
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- Alphabet Has Won, Amazon Will Win, Microsoft Pays The Price (For Now) [Seeking Alpha][Seeking Alpha]
- Amazon.com (NASDAQ:AMZN) had its price target raised by analysts at BMO Capital Markets from $300.00 to $304.00. They now have an "outperform" rating on the stock.[MarketBeat]
- Amazon offers money-back guarantee to air cargo shippers [Yahoo! Finance][Yahoo! Finance]
- Phil and Penny Knight's donation tops the Chronicle of Philanthropy's list of 2025's biggest gifts [Yahoo! Finance][Yahoo! Finance]
- Mill and Amazon team up to launch industry-first food waste innovation at Whole Foods Market stores [Yahoo! Finance][Yahoo! Finance]
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