ADVFN - Advanced Financial Network.
HOME» NASDAQ » A » AMZN Stock Price » AMZN Stock News Share News (mm) Stock Price
AMZN Stock Price (mm) Stock Chart
AMZN Stock Chart (mm) Stock News
AMZN Stock News (mm) Company Information
AMZN Company Information (mm) Stock Trades
AMZN Stock Trades

Amazon To Collect Sales Tax, Create Jobs In Texas Agreement -Reports

DOW JONES NEWSWIRES Inc. (AMZN) agreed to collect sales tax from Texas customers beginning July 1, as well as making capital investments of $200 million and creating 2,500 jobs in the state over four years, according to reports in the Dallas Morning News, Austin American-Statesman and the Texas Tribune. Under an agreement with Comptroller Susan Combs announced Friday, the state will end its efforts to collect back taxes from the company, the reports said. In late 2010, the state said Amazon owed $269 million for uncollected sales taxes. According to the American-Statesman, Amazon said in a securities filing that the settlement includes "an immaterial payment to the state." Combs told the American-Statesman that Paul Misener, Amazon's vice president of global public policy, came to Austin for "eyeball to eyeball" negotiations," and then an agreement was "hammered out by e-mail and fax over about a four- or five-day period." Full story at and and -Dow Jones Newswires; 212-416-2900

Stock News for (AMZN)
10/24/201614:20:00New York Times Acquires Two Consumer Guide Sites
10/24/201611:40:00AT&T, Time Warner Shares Drop Amid Investor Skepticism
10/21/201610:32:00Denial of Service Attack Hits Websites, Knocking Out Access--Update
10/21/201610:10:00Denial of Service Attack Hits Amazon, Twitter, Others
10/21/201610:10:00Microsoft Shares Hit All-Time High
10/21/201609:51:00Denial of Service Web Attack Affects Amazon, Twitter, Others
10/21/201608:08:00BizWireTV Video News: The Future of Voting Might Involve a Selfie...
10/20/201621:00:00Jakks Pacific Said to Suspend Toy Sales to Kmart
10/20/201614:30:00Apple Says Many 'Genuine' Apple Products on Amazon Are Fake
10/20/201613:57:00Apple Says Many 'Genuine' Apple Products on Amazon Are Fake
10/19/201619:55:00EBay Makes Bid for Younger Shoppers With Revamped Image
10/19/201617:40:00AT&T Seeks to Shake Up Pay TV
10/19/201616:20:00Tableau Software Worked on Potential Sale Recently
10/19/201607:34:00Amazon Web Services Adds New Capabilities to AWS Educate, Connecting...
10/19/201607:00:00Garth Brooks Now Streaming - For the First Time in His Career...
10/19/201605:59:00EBay Makes Bid for Younger Shoppers With Revamped Image
10/18/201609:00:00Sean Penn’s Narration of Pappy Pariah’s Bob Honey Who Just Do...
10/18/201603:01:00Amazon Launches All-New Prime Photos Experience with Family Vault
10/17/201619:30:00Biden's Cancer 'Moonshot' Needs Funding, White House Says
10/17/201616:27:00Amazon Web Services Cloud Now Available to Customers from Data... and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2016 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations