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Cut out Amazon to tax it, a path strewn with pitfalls

2021-06-30T16:38:12.376Z


DECRYPTION - Amazon does not fit within the fiscal framework of the G7 reforms. One solution would be to cut its sectors of activity into “slices” in order to tax them separately. An idea difficult to implement.


The company

"Amazon must be in the field"

of tax reform

"and France will fight for it to be there",

claimed Bruno Le Maire the day after the G7 agreement.

This text plans to tax more

"the most profitable multinationals",

that is to say those with a margin greater than 10%.

"At least 20%"

of this “surplus profit” - which exceeds this 10% - would be distributed in favor of the countries where the turnover is really achieved.

Problem, among Gafa, Amazon, the most emblematic company targeted by this tax reform, would escape this new tax.

The Seattle giant only generated a 6% margin on all of its activities last year.

Online trading is a very low margin business.

Amazon is even losing money in some international markets.

Read also:

Amazon expands its empire in media and entertainment

In 2020, Amazon's margins in international e-commerce were only 0.7%.

In 2019, Amazon even made losses internationally.

The modest profitability of this activity

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Source: lefigaro

All business articles on 2021-06-30

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