Amazon (AMZN -0.3%) is fighting with the IRS in court over a $234M tax bill: the company argues...
Tuesday, January 15, 1:03 PM ETAmazon (AMZN -0.3%) is fighting with the IRS in court over a $234M tax bill: the company argues the IRS is overestimating the value of the intangible assets on its balance sheet when calculating taxes on cash transfers between Amazon proper and its European subsidiaries. The dispute comes as Amazon and other U.S. companies are closely scrutinized by European regulators over their local tax payments.
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