Longtime tax target Amazon now leads charge for reform
Issued on:
08/04/2021 - 03:32
Amazon founder and CEO Jeff Bezos said he supports higher corporate taxes to help fund infrastructure improvements Eric BARADAT AFP/File
4 min
Washington (AFP)
A longtime lightning rod for critics of corporate tax avoidance, Amazon now wants to lead the way on reform.
Amazon chief executive Jeff Bezos this week endorsed a higher corporate tax to help fund infrastructure as part of a "balanced solution that maintains or enhances US competitiveness."
The move by Amazon comes after years of criticism by activists who claim it pays little or no corporate taxes.