SEC is Investigating Amazon About the Sales Tax Disputes
There was a fascinating little footnote in the paperwork Amazon filed with the Securities & Exchange Commission today. Guess who is being investigated?
In September 2010, the State of Texas issued an assessment of $269 million for uncollected sales taxes for the period from December 2005 to December 2009, including interest and penalties through the date of the assessment. The State of Texas is alleging that we should have collected sales taxes on applicable sales transactions during those years.
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