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Amazon would have paid an additional $2.8 billion in taxes in 2021 under the new tax law. the Inflation Reduction Act into law in August. The legislation imposes a 15% minimum tax rate on income as reported in GAAP financial statements. It takes effect in 2023. The Joint Committee on Taxation estimated that about 150 firms would feel the impact of the new tax, which is expected to raise $222 billion over 10 years, including $35 billion in 2023.

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    Kentucky Governor Andy Beshear signed HB 551 into a law on March 31, 2023. It's the fourth year in a row where legislation has fallen short, and passing a bill next year will be even harder.

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    Kentucky Governor Andy Beshear signed HB 551 into a law on March 31, 2023. It's the fourth year in a row where legislation has fallen short, and passing a bill next year will be even harder.

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    October 20, 2022, SEATTLE - (BUSINESS WIRE) - Amazon filed its first criminal charge in Italy and its first lawsuit in Spain as part of its ongoing legal campaign to shut down bogus review brokers. These two legal actions, along with ten other new lawsuits that have just been filed in the United States, target individuals who run more than 11,000 websites and social media groups that attempt to organize the posting of fictitious reviews on Amazon and other online stores in exchange for cash or free goods. The subject of Amazon's first criminal complaint in Europe is a well-known Italian broker who deals in fake reviews. The defendant asserts to have established a network of people prepared to purchase items from Amazon and leave 5-star ratings in return for a complete refund. The fact that Amazon chose to file a criminal complaint in this matter shows how determined the corporation is to put a stop to dishonest people who take advantage of customers and business partners. In Italy, those found guilty of this kind of offense risk jail time and fines.

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