AWS, with $626m in federal contracts, pays ‘negligible’ tax: Report

Amazon’s cloud business reported $600 million in revenue in Australia but paid only $16 million in tax in the 2020 financial year, with a global tax accountability organisation calling for greater transparency around its local operations. A joint repor…

Amazon’s cloud business reported $600 million in revenue in Australia but paid only $16 million in tax in the 2020 financial year, with a global tax accountability organisation calling for greater transparency around its local operations. A joint report by the Centre for International Corporate Tax Accountability and Research (CICTAR) and TaxWatch, released on Monday,...

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Denham | radiofree.asia (2024-05-21T07:10:36+00:00) » AWS, with $626m in federal contracts, pays ‘negligible’ tax: Report. Retrieved from https://radiofree.asia/2022/05/24/aws-with-626m-in-federal-contracts-pays-negligible-tax-report/.
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» AWS, with $626m in federal contracts, pays ‘negligible’ tax: Report | Denham | radiofree.asia | https://radiofree.asia/2022/05/24/aws-with-626m-in-federal-contracts-pays-negligible-tax-report/ | 2024-05-21T07:10:36+00:00
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